Since 1942, when Hickling built the first three electrode potentiostat, substantial progress has been made to improve the instrument. Hickling's device used a third electrode, the reference electrode to control the cell potential automatically. Up until the present day his principle has remained in use. At a glance, a potentiostat measures the potential difference between the working and the reference electrode, applies the current through the counter electrode and measures the current as an formula_6 formula_7 voltage drop over a series resistor (formula_8 in Fig. 1).