a functioning memrister would be able to store more than just 0 and 1.
So theoretically, the circuitry that scans the memory would have to "convert" the present state of its more or less analog resistance value of say a "5", to a "101"? This of course assumes a very precise and homogenous level of resistance for each and every memristor in the array to prevent any errors.
If these memristors actually can work with dependable variable states, I also see great potential for some sort of analog memory applications.

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Multi-State?
When I read that "its function is to "remember" the amount of current that passed through it by varying its resistance accordingly", that means to me that a functioning memrister would be able to store more than just 0 and 1. IF a circuit differentiated multiple levels of resistance, say even four levels, that would make one memristor a 2 bit storage device, right?
Not only fast and power-saving ... but space saving as well.
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