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Re:Altair 8800 – Loading 4K BASIC with a Teletype [video] by kps on Monday May 26, 2014 @07:25PM (#7802124)
Paper tape is why ASCII DEL is 0x7F — it's the only idempotent punch.

And why typing DEL is properly a forward delete operation: it eliminates the character under the cursor — converting it to a DEL, to be ignored when reading the tape — and (like any other punch) advances to the next. (I blame the VT220 for mucking this up and leading to endless confusion.)

Re:Altair 8800 – Loading 4K BASIC with a Teletype [video] by gue5t on Monday May 26, 2014 @11:25PM (#7802707)
All punches are idempotent, in that punch_x(original) = punch_x(punch_x(original)). ASCII DEL is the only punch that acts as a constant endomorphism.