04-03-13: Knghifi
It's 1's and 0's.
Kng, while 1's and 0's are certainly being COMMUNICATED between the two components, the references to the signal, and to the possibility that it might be a square wave, would appear to indicate that what is being asked about is what is being "sent" in a physical/electrical sense.
As you will realize, numbers cannot be sent through wires, in that sense. So when "someone says the signal is 1's and 0's and the next person (critic) says square waves" (quoting from Lynne's second post), they are both wrong.
Regards,
-- Al