When originally designed, this protocol's Proven Profits Review architecture allowed for approximately four billion IP addresses - specific numbers that identify users within the network; a virtual address. An IP address is essentially the Internet's version of a home or business address, necessary for receiving data, like an address is necessary to receive physical mail or packages. These addresses were a byproduct of IPv4, the Internet Protocol's fourth iteration, derived from 32-bit binary number combinations.
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Given the vast supply of IPv4 addresses originally available, it was assumed that the supply would not be exhausted by demand. In turn, these addresses became managed by the five Regional Internet Registries (RIRs), which control IP http://agoodwardrobe.com/proven-profits-by-matt-baker-review/ address allocation across the world. At first, addresses were provided to companies in bulk for a set membership fee. However, with the Internet's explosive growth in both users and connected devices, by 2012, nearly all RIRs had exhausted their allotments. With approximately 7 billion people on the planet, and only 4 billion available numbers, the demand led directly to the birth of a new market - IP address leases and transfers.
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