[wikipedia]: An Internet Protocol (IP) address is a numerical identification (logical address) that is assigned to devices participating in a computer network utilizing the Internet Protocol for communication between its nodes. Although IP addresses are stored as binary numbers, they are usually displayed in human-readable notations, such as 192.168.100.1 (for IPv4), and 2001:db8:0:1234:0:567:1:1 (for IPv6). The role of the IP address has been characterized as follows: "A name indicates what we seek. An address indicates where it is. A route indicates how to get there."

The original designers of TCP/IP defined an IP address as a 32-bit number and this system, now named Internet Protocol Version 4 (IPv4), is still in use today. However, due to the enormous growth of the Internet and the resulting depletion of the address space, a new addressing system (IPv6), using 128 bits for the address, was developed (RFC 1883).
The Internet Protocol also has the task of routing data packets between networks, and IP addresses specify the locations of the source and destination nodes in the topology of the routing system. For this purpose, some of the bits in an IP address are used to designate a subnetwork. (In CIDR notation, the number of bits used for the subnet follows the IP address. E.g. 192.168.100.1/16) An IP address can be private, for use on a LAN, or public, for use on the Internet or other WAN.
Early specifications intended IP addresses to each be uniquely assigned to a particular computer or device.[citation needed] However, it was found that this was not always necessary as private networks developed and address space needed to be conserved (IPv4 address exhaustion). RFC 1918 specifies private address spaces (also known as non-routable addresses) that may be reused by anyone; today, such private networks typically connect to the Internet through Network Address Translation (NAT). In addition, technologies such as anycast addressing have been developed to allow multiple hosts at the same IP address but in different portions of the Internet to service requests by network clients.
The Internet Assigned Numbers Authority (IANA) manages the global IP address space. IANA works in cooperation with five Regional Internet Registries (RIRs) to allocate IP address blocks to Local Internet Registries (Internet service providers) and other entities.

Static and dynamic IP addresses

When a computer is configured to use the same IP address each time it powers up, this is known as a Static IP address. In contrast, in situations when the computer's IP address is assigned automatically, it is known as a Dynamic IP address.

Method of assignment
Static IP addresses get manually assigned to a computer by an administrator. The exact procedure varies according to platform. This contrasts with dynamic IP addresses, which are assigned either randomly (by the computer itself, as in Zeroconf), or assigned by a server using Dynamic Host Configuration Protocol (DHCP). Even though IP addresses assigned using DHCP may stay the same for long periods of time, they can generally change. In some cases, a network administrator may implement dynamically assigned static IP addresses. In this case, a DHCP server is used, but it is specifically configured to always assign the same IP address to a particular computer, and never to assign that IP address to another computer. This allows static IP addresses to be configured in one place, without having to specifically configure each computer on the network in a different way.
In the absence of both an administrator (to assign a static IP address) and a DHCP server, the operating system may assign itself an IP address using state-less autoconfiguration methods, such as Zeroconf. These IP addresses, known as link-local addresses, default to the 169.254.0.0/16 address range in IPv4.
In IPv6, every interface, whether using static or dynamic address assignments, also receives a local-link address automatically in the fe80::/64 subnet.

Uses of dynamic addressing
Dynamic IP addresses are most frequently assigned on LANs and broadband networks by Dynamic Host Configuration Protocol (DHCP) servers. They are used because it avoids the administrative burden of assigning specific static addresses to each device on a network. It also allows many devices to share limited address space on a network if only some of them will be online at a particular time. In most current desktop operating systems, dynamic IP configuration is enabled by default so that a user does not need to manually enter any settings to connect to a network with a DHCP server. DHCP is not the only technology used to assigning dynamic IP addresses. Dialup and some broadband networks use dynamic address features of the Point-to-Point Protocol.

Sticky dynamic IP address
A sticky dynamic IP address or sticky IP is a term created by cable and DSL users to describe a dynamically assigned IP address that does not change often. This is however an informal term, as a sticky IP does not differ in any way from other dynamic IP address.
Even though IP addresses may not change often for cable or DSL users, the addresses are still controlled by the standard DHCP process. Since the modems are often online for extended periods of time, the leases on the IP addresses are commonly renewed, and therefore may not change.
Should the modem be turned off, a new IP address may be assigned when the modem is turned back on, as a different host on the network may have been assigned the old IP address. IP address changes may also be triggered by resetting the DHCP server configuration; therefore causing the modem to receive a new IP address.
Some users take advantage of stickiness to create websites on the cheap, since a static IP address is usually more expensive. And some ISPs counter this by forcibly re-assigning IP addresses every 24 hours or so.[citation needed]

Uses of static addressing
Some infrastructure situations have to use static addressing, such as when finding the Domain Name Service directory host that will translate domain names to IP addresses. Static addresses are also convenient, but not absolutely necessary, to locate servers inside an enterprise. An address obtained from a DNS server comes with a time to live, or caching time, after which it should be looked up to confirm that it has not changed. Even static IP addresses do change as a result of network administration (RFC 2072)

IP blocking and firewalls

Firewalls are common on today's Internet. For increased network security, they control access to private networks based on the public IP of the client. Whether using a blacklist or a whitelist, the IP address that is blocked is the perceived public IP address of the client, meaning that if the client is using a proxy server or NAT, blocking one IP address might block many individual people.

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