It is a pretty common first project to use an Arduino (or similar) to blink an LED. Which, of course, brings taunts of: you could have used a 555! You can, of course, also use any sort of oscillator, ...
The 555 circuit below is a flashing bicycle light powered with four C,D or AA cells (6 volts). Two sets of 20 LEDs will alternately flash at approximately 4.7 cycles per second using RC values shown ...
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