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This is the analog front end for a 3-bit flash ADC, perhaps the simplest implementation of an analog to digital converter.
Following this analog circuit would be a digital decoder to go from the comparator outputs to a 3-bit binary number.
My favorite resource for learning more about flash ADCs is the Maxim Integrated app note:
https://www.maximintegrated.com/en/app-notes/index.mvp/id/810
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