The discussion centers on the voltage pulse generated by ignition coils, specifically the voltage observed on the negative terminal of the coil. Typical secondary voltages can reach tens of thousands of volts, while the primary side voltage is generally around 200 volts. When measuring the inductive voltage spike, it is noted that the voltage can spike to over 100 volts when the ignition points open, due to the collapse of the magnetic field in the coil. The conversation also touches on the need for proper equipment, like a voltage divider, to safely measure these voltages without damaging instruments. Overall, understanding the ignition coil's voltage characteristics is crucial for applications like RPM logging.