The Universal Serial Bus (USB) was first launched in 1996 by a group of IT Companies known as the USB Promoter Group.
This first version was known as USB 1.1 and was a standardized serial connection that aimed to provide a replacement for parallel and serial ports. Intended for mid-speed and slow computer peripherals, it created an intelligent serial bus.
In the early years, many people utilized USB on their own computers and it proved to work well for most applications. In recent years, however, USB 1.1 has proved to be too limited. While USB 1.1 managed to remain useful to more modern technologies, some loopholes in the initial version were pointed as the source of major problems.
USB 1.1 was limited with a slower transference rate of only 12-megabits/ sec. During the rise of the USB 1.1 in the market, the Institute of Electrical and Electronics Engineer (IEEE) unveiled the FireWire, also called i.LINK(tm), which had a transfer speed of 400 blazing megabytes per second, then considered a fantastic rate of transfer. This transfer speed made the uploading of a full motion video from a camcorder convenient. It threatened to push USB 1.1 out of the market, as...
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