Challenge: Figure out how this logic-based chaser works

[Andrea] built this LED chaser using one logic chip. It illuminates all but one of the six LEDs, with the dim bit moving back and forth along the row in a chase sequence. This is something like an inverse Larson Scanner without the fading tail. But doing it with a logic chip instead of a microcontroller is a fun challenge.

Which brings us to the point of this feature. [Andrea] didn’t really post an explanation of how the circuit works. Usually missing details mean that we archive the tip and move on to the next one, but we think this provides a fun activity. Can you figure out how the circuit works? We already know that it’s using a CD4017 decade counter/divider chip. This gets its clock signal from a 555 timer circuit. [Andrea’s] schematic is a bit hard to read, but grab a copy, blow it up a bit (or use your browser zoom) and study the CD4017 datasheet (PDF) if you need to.

Want proof that it does actually work? It’s embedded after the break.

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