This article gives valuable information about the history and the different families, synthesis, and characteristics of the most used conducting polymers, namely, polyphenylenes, polypyrroles, polythiophenes, poly(arylene‐vinylenes), polyanilines, and polycarbazoles, and diverse conducting polymers (liquid crystalline conducting polymers (LCCPs), conducting polymer blends, composites, and colloids). Also discussed are the information about the fundamental aspects of the conducting process including charge carriers, doping processes, optical properties, and electrical conduction properties and, finally, the practical information regarding stability and applications.