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A serial wire can be used for several uses. Mainly, it's used for basic communication between different devices. The main advantage is the fact that serial communication can use only three wires. Parallel requires several more, typically eight, or sixteen, plus signalling, and traditionally is faster. But for simple communication between devices, which could be computers or other devices, serial communication can simplify things. Serial communication can also be used for great distances. The telegraph was serial communication. Hence "AT&T"!

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