Understanding the ESP8266 I've received my ESP8266-01 and playing with it I discovered that with a baudrate of 74880 I can get the boot modes and `hy version, etc: 
 ets Jan  8 2013,rst cause:1, boot mode:(3,0)

load 0x40100000, len 1856, room 16 
tail 0
chksum 0x63
load 0x3ffe8000, len 776, room 8 
tail 0
chksum 0x02
load 0x3ffe8310, len 552, room 8 
tail 0
chksum 0x79
csum 0x79

2nd boot version : 1.5
  SPI Speed      : 40MHz
  SPI Mode       : DIO
  SPI Flash Size &amp; Map: 8Mbit(512KB+512KB)
jump to run user1 @ 1000

rf cal sector: 249
rf[112] : 00
rf[113] : 00
rf[114] : 01

SDK ver: 1.5.4.1(39cb9a32) compiled @ Jul  1 2016 20:04:35
phy ver: 972, pp ver: 10.1


With this baudrate I'm not able to check the AT commands. Then, when I switch to a baudrate of 115200 I am able to communicate with the ESP:

Ai-Thinker Technology Co. Ltd.
ready
AT
OK
AT+CWL
ERROR
AT+CWJAP?
No AP
OK
AT+CWLAP?
ERROR
AT+CWLAP
+CWLAP:(4,"bbox2-7f0d",-88,"00:1 ",1,-46,0)
+CWLAP:(0,"PROXIMUS_FON",-94,"06: ec:6b",1,-47,0)
+CWLAP:(5,"PROXIMUS_AUTO_FON",-88,"0a: :ec:6b",1,-44,0)
+CWLAP:(3,"WiFi-2.4-BB3D-ext",-51,"00: 9a:38",1,-12,0)
+CWLAP:(3,"NGUYEN",-79,"e0:b ",11,-2,0)
+CWLAP:(0,"PROXIMUS_FON",-81,"42:6 ",11,0,0)
+CWLAP:(5,"PROXIMUS_AUTO_FON",-79,"42 ",11,0,0)
+CWLAP:(4,"WiFi-2.4-6858",-75,"4 e",11,1,0)
+CWLAP:(0,"PROXIMUS_FON",-89," ",11,-6,0)
OK


How is that possible that it has two different baudrates?

Thanks in advance,
How is that possible that it has two different baudrates?


Very simple. Exactly the same as the Arduino.

If you put:

Serial.begin(9600);


in your program then your sketch runs with the serial port at 9600 baud. However, just before then, the bootloader runs at 115200 baud for a few seconds listening for instructions from the PC.

There's no magic there.

You can even do it yourself:

Serial.begin(9600);
Serial.println("Hello at 9600 baud");
Serial.flush();
Serial.end();
Serial.begin(115200);
Serial.println("Hello at 115200 baud");
Serial.flush();
Serial.end();


The baud rate isn't fixed. It's whatever the firmware that is running at that precise moment deems it to be - whether that is the bootloader, the AT firmware, or your own custom sketch.