alt Hacker NewsBecause the chassis is connected to ground (as in, a literal grounding rod hammered into the soil) and by definition your 0V reference point.
The crucial difference is the direction in which the current is flowing: is it going "in to", or "out of" a hot wire? This becomes rather important when those wires are leaving the building and are buried underground for miles, where they will inevitably develop minor faults.
With +48V corrosion will attack all those individual telephone wires, which will rapidly become a huge maintenance nightmare as you have to chase the precise location of each, dig it up, and patch it.
With -48V corrosion will attack the grounding rod at your exchange. Still not ideal, but monitoring it isn't too bad and replacing a corroded grounding rod isn't that difficult. Telephone wires will still develop minor faults, but it'll just cause some additional load rather than inevitably corroding away.
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Do you also happen to why this is not more common? Must be useful for more than just telephone wires.
So, there is a true value for 0?
Does that mean when you have electronics and use multiple dc-dc converters all the inputs and outputs share the same ground, it's not just the values for that pair of wires?
And if I want to use a telephone on an incorrectly wired 48dc circuit, I could switch the positive and negative wires, as long as the circuit in the telephone is isolated and never touches ground?
Thanks. Somehow I got in my head that all circuits were just about the delta from neutral and therefore nothing outside them mattered.