Short Answer

Myelination acts as an electrical insulator and allows saltatory propagation.

• By reducing membrane capacitance and increasing membrane resistance, myelination increases the velocity of signal (i.e., Action Potential) propagation.

If you want to see a really wonderfully simplified explanation, see this Quora post by Edward Claro Mader. Four great figures that Edward created show this phenomenon simply:

Decreased Membrane Capacitance:

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Increased Membrane Resistance:

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Long Answer

So you're right: myelination speeds up electrical conduction. Unmyelinated axon conduction velocities range from about 0.5 - 10 m/s, while myelinated axons can conduct at velocities up to 150 m/s -- that's 10-30x faster!!

But why? ...

Let's Look at Action Potentials & Signal Propagation:

You can get a background of this process in numerous places (e.g., here), so I will just mention this briefly:

• When the neuron is at rest, ions are distributed so that the inside of the neuron cell is more negatively charged than the outside. This creates an electrical potential, called the resting membrane potential, across the cell membrane.

• Sodium and potassium channels in the cell membrane control the flow of positively charged sodium (NA$^+$) and potassium (K$^+$) ions in/out of the cell to maintain this negative charge.

• During depolarization, the cell membrane essentially becomes more permeable allowing NA$^+$ to enter the cell. This causes that section of axon to have a positive charge relative to the outside.

• When this positive voltage is great enough (i.e., when an action potential is created), the influx triggers the same behavior in the neighboring section of the axon. Gradually, this positive charge on the inside of the cell moves down the length of the axon to the axon terminals.

The Main Takeaway:

In this process, action potential generation occurs repeatedly along the length of the axon.

It's important to note two things about action potential propagation:

1. Each action potential takes time to occur.
2. The charge (i.e., voltage) that is created dissipates with $ uparrow $ distance.

Time for some Math & Physics:

In fact, we have equations to calculate both the time a voltage change takes to occur and how current flow decreases with distance.

• You can read more about the mathematics behind this and passive membrane properties in general here and here.

Importantly, these equations rely on two constants: length and time.

The time constant, $tau$, characterizes how rapidly current flow changes the membrane potential. $tau$ is calculated as:

$$tau = r_mc_m$$

where r$_m$ and c$_m$ are the resistance and capacitance, respectively, of the plasma membrane.

• Resistance? Capacitance? Huh?...

  • Resistance = the measure of the difficulty to pass an electric current through a conductor.

  • Capacitance = the ability of a structure to store electrical charge.

    • A capacitor consists of two conducting regions separated by an insulator. A capacitor works by accumulating a charge on one of the conducting surfaces, which ultimately results in an accumulation of oppositely charged ions on the other side of the surface. In a cellular sense, increased capacitance requires a greater ion concentration difference across the membrane.

• The values of r$_m$ and c$_m$ depend, in part, on the size of the neuron:

  • Larger cells have lower resistances and larger capacitances.

Importantly, however, is that these variables also rely on membrane structure.

• c$_m$ (the capacitance of the membrane) decreases as you separate the positive and negative charges. This could be the result of additional cellular structures (e.g., sheaths of fat) separating intracellular and extracellular charges.

• r$_m$ (the resistance of the membrane potential) is the inverse of the permeability of the membrane.

• The higher the permeability, the lower the resistance.

  • Lower membrane resistance means you lose ions quicker and therefore signals travel less far

But why? This is where that length constant becomes important. The length constant, $lambda$, can be simplified to:

$$ lambda = sqrt {frac {r_m}{r_e + r_i} } $$

where, again r$_m$ represents the resistance of the membrane and r$_e$ and r$_i$ are the extracellular and intracellular resistances, respectively. (Note: r$_e$ and r$_i$ are typically very small).

Basically, if the membrane resistance r$_m$ is increased (perhaps due to lower average "leakage" of current across the membrane) $lambda$ becomes larger (i.e., the distance ions travel before "leaking" out of the cell increases), and the distance a voltage travels gets longer.

Why am I telling you all of this??

How are the time constant and the space constant related to propagation velocity of action potentials?

The propagation velocity is directly proportional to the space constant and inversely proportional to the time constant. In summary:

• The smaller the time constant, the more rapidly a depolarization will affect the adjacent region. If a depolarization more rapidly affects an adjacent region, it will bring the adjacent region to threshold sooner.

• Therefore, the smaller the time constant, the more rapid will be the propagation velocity.

• If the space constant is large, a potential change at one point would spread a greater distance along the axon and bring distance regions to threshold sooner.

• Therefore, the greater the space constant, the more rapidly distant regions will be brought to threshold and the more rapid will be the propagation velocity.

Sooo....

1. If you increase the layer of cells around the membrane, you decrease the electric field imparted by extracellular ions, which allows intracellular ions to move more freely in the axon. In other words, you decrease the capacitance.

• As a result, you have more cations available to depolarize other parts of the membrane.

2. If you decrease the permeability of the membrane (i.e., if you prevent ion pumps from moving ions in/out of the axon), you increase the resistance of the axon membrane, which allows for the voltage created in the action potential to travel farther before dissipating.

• By allowing the voltage to spread farther before necessitating the generation of another action potential, you reduce the time it takes for signal propagation.

In other words, if you "block" ion pumps and decrease the concentration of anions near the axon membrane, you increase membrane resistance (r$_m$) and decrease membrane capacitance (c$_m$), respectively. Together, this decreases the time of electronic conductance through the axon (and thus increase conduction velocity).

Finally, to Myelin!

Myelin greatly speeds up action potential conduction because of exactly that reason: myelin acts as an electrical insulator!

• Myelin sheath reduces membrane capacitance and increases membrane resistance in the inter-node intervals, thus allowing a fast, saltatory movement of action potentials from node to node.

• Essentially, myelination of axons reduces the ability for electrical current to leak out of the axon. More specifically, myelin prevents ions from entering or leaving the axon along myelinated segments. As a result, a local current can flow passively along a greater distance of axon.

So instead of having to contantly generate new action potentials along each segment of the axon, the ionic current from an action potential at one node of Ranvier provokes another action potential at the next node. This apparent "hopping" of the action potential from node to node is known as saltatory conduction.

So Why not Just Myelinate the Entire Axon??

The length of axons' myelinated segments is important to the success of saltatory conduction. They should be as long as possible to maximize the speed of conduction, but not so long that the arriving signal is too weak to provoke an action potential at the next node of Ranvier. The nodes also can't be too frequent because, although adding a new node to the axon would increase its ability to generate sodium current, it would also increase the capacitance and thus diminish the effectiveness of other nearby nodes.

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Sources:

1. Purves D, Augustine GJ, Fitzpatrick D, et al., eds. (2001). Neuroscience. 2nd edition. Sinauer Associates, Sunderland, MA.

2. The Brain: Understanding Neurobiology

3. Byrne, J.H. Chapter 3: Propagation of the Action Potential. Neuroscience Online. Univ. Texas.

4. Understanding the Passive Properties of a Simple Neuron

5. Quora

6. Wikipedia