The LM555 operates in both astable (oscillator) and monostable (one-shot) modes. In monostable mode, it generates a single output pulse of controlled duration when triggered. In astable mode, it produces continuous square wave oscillations with adjustable frequency and duty cycle. The timing is precisely controlled by external resistors and capacitors.
When operating in astable mode, the frequency and duty cycle are controlled by two external resistors and one capacitor. In monostable mode, the output pulse width is determined by one resistor and one capacitor. The Reset pin should always be connected to VCC unless reset functionality is needed. The Control Voltage pin can be left floating or connected to a bypass capacitor for noise immunity.