Analysis of information sources in references of the Wikipedia article "555 timer IC" in English language version.
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The 555 timer chip, developed in 1970, is probably the most popular integrated circuit ever made. By some estimates, more than a billion of them are manufactured every year.
The 555 gets its name from the three 5-kW +VCC R1 discharging path 555 R 2 C 6 resistors shown in the block diagram. These resistors act as a three-step voltage.
Using a 555 for a switched mode power supply is how we (= us EE power supply designers, at the time) used to do things before there were custom chips for this.
The 555 got its name from the three 5-kOhm resistors
The reference voltage for the comparators is established by a voltage divider consisting of three 5 - k2 resistors, which is where the name 555 is derived
Not all functions are brought out to the 558's pins. This chip is designed primarily for monostable multivibrator applications