Between eighteen 90 and 1910, a wiring system known as knob-and-tube, was the principal system of installation. It was quite a dependable system for the time, and a surprising number of homes still have knob-and-tube wiring functioning, where it is often found alongside more modern updates. In knob-and-tube wiring, individually conducting wires protected by a rubberized cloth fabric, are installed in stud and joist cavities, held in place by porcelain knob insulators, attached to the sides of framing members, and protected by porcelain tube insulators where the wires run through, the framing members.
In this wiring system, hot wires, and neutral wires, were run separately for safety. The system also allowed long circuit runs to be constructed by splicing together lengths of wire. To do this, the insulation was stripped back, a new wire was wrapped around the exposed bare wire, and the splice was soldered together then taped to cover the splice.
The downfall was the wire was exposed and there was no ground wire used. Where knob-and-tube wiring is still functioning, it is living on borrowed time, since the rubberized cloth insulation used on the wires has an expected lifespan of about 25 years, before it begins to crack and break down.
Electrical systems containing functioning knob-and-tube wiring are in critical need of an upgrade. But just because you see knob-and-tubes in some wall or floor cavities, doesn't necessarily mean you are in danger.
It was common practice to simply leave old wiring in place, but not energized, and functionally replaced when a home was rewired.
It's possible that the porcelain insulators and wires you see are merely antique remnants of earlier wiring installation.