A 'byte' is the unit to measure digital information, like hard
drive memory, file size, etc. Before there were pen drives and CDs,
we stored and transferred data using floppy disks (which had a humble
capacity of 1.44mb).
We
sure have come a long way from there. In fact, when Intel co-founder
Gordon Moore noticed in 1965 that the
capacity of the circuits had been doubling every two years since it had
been invented, he predicted that the same trend would continue in the
future. It looks like Moore's Law holds true even today.
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