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What is Internet Protocol ?

There are currently two version of Internet Protocol (IP): IPv4. It provides the backbone of the modern internet.and a new version called IPv6.

IPv4 (Internet Protocol Version 4) is the fourth revision of the Internet Protocol (IP) used to to identify LAN device on a Network through an addressing system. The Internet Protocol is designed for use in interconnected systems of packet-switched computer communication networks.

IPv4 is the most widely deployed Internet protocol used to connect devices to the Internet. IPv4 uses a 32 bit address scheme allowing for a total of 2^32 addresses (just over 4 billion addresses).  With the growth of the Internet it is expected that the number of unused IPv4 addresses will eventually run out because every device -- including computers, smartphones and game consoles -- that connects to the Internet requires an address.

 Easy Explanation Of IPv4

TCP does keep track of the order of packets and requires the destination computer to acknowledge that they are received. This is why one often sees the phrase TCP/IP. So why two protocols instead of just one? Arranging it like this allows for flexibility. If you are broadcasting a video to millions of people for example, you may not care if a packet or two get lost and don't want your server to deal with all of the acknowledgements. In this case, you can still use IP but don't need to use TCP.
This flexibility is highly indicative of the design philosophy that went into the internet and is one of the reasons that it has been so successful. Breaking it down into small parts makes it easier to create solutions to new problems by using much of what already exists and adding just a few small parts. IPv4 is just one small but critical part of what makes the internet work.

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