IPv4 in the context of "ARPANET"

In Internet networking, a private network is a computer network that uses a private address space of IP addresses. These addresses are commonly used for local area networks (LANs) in residential, office, and enterprise environments. Both the IPv4 and the IPv6 specifications define private IP address ranges.

Most Internet service providers (ISPs) allocate only a single publicly routable IPv4 address to each residential customer, but many homes have more than one computer, smartphone, or other Internet-connected device. In this situation, a network address translator (NAT/PAT) gateway is usually used to provide Internet connectivity to multiple hosts. Private addresses are also commonly used in corporate networks which, for security reasons, are not connected directly to the Internet. Often a proxy, SOCKS gateway, or similar devices are used to provide restricted Internet access to network-internal users.

Internet Protocol version 6 (IPv6) is the most recent version of the Internet Protocol (IP), the communications protocol that provides an identification and location system for computers on networks and routes traffic across the Internet. IPv6 was developed by the Internet Engineering Task Force (IETF) to deal with the long-anticipated problem of IPv4 address exhaustion, and was intended to replace IPv4. In December 1998, IPv6 became a Draft Standard for the IETF, which subsequently ratified it as an Internet Standard on 14 July 2017.

Devices on the Internet are assigned a unique IP address for identification and location definition. With the rapid growth of the Internet after commercialization in the 1990s, it became evident that far more addresses would be needed to connect devices than the 4,294,967,296 (2) IPv4 address space had available. By 1998, the IETF had formalized the successor protocol, IPv6 which uses 128-bit addresses, theoretically allowing 2, or 340,282,366,920,938,463,463,374,607,431,768,211,456 total addresses. The actual number is slightly smaller, as multiple ranges are reserved for special usage or completely excluded from general use. The two protocols are not designed to be interoperable, and thus direct communication between them is impossible, complicating the move to IPv6. However, several transition mechanisms have been devised to rectify this.