When the Internet launched operationally in 1983, its creators never dreamed that there might be billions of devices and users trying to get online. Yet now, almost three decades later, that same Internet serves nearly 2.5 billion people and 11 billion devices across the globe. And we're running out of space.

(Vint Cerf, Chief Internet Evangelist at Google, and a founding father of the Internet, discusses the next version of the Internet, IPv6, and why we need it.)
In order to connect to the Internet, each device has to have an IP address—a numerical label which identifies every computer, phone, tablet, ebook reader, etc. IP addresses allow machines to find and communicate with each other online–without them you couldn't check your email, visit websites or watch videos. But like a telephone network that is running out of phone numbers, the current Internet is running out of IP addresses.
The Internet we've relied on so far has space for 2^32 addresses—about 4.3 billion. The new, larger IPv6 expands the limit to 2^128 addresses—more than 340 trillion, trillion, trillion! Enough for essentially unlimited growth for the foreseeable future. Without the rollout of Internet Protocol v6 (IPv6), which formally begins today for participating websites and other organizations on the web, we won’t have the room we need to grow. Continue Reading
Original Article: Google Official Blog Posted by Vint Cerf, Chief Internet Evangelist
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