>The Internet is Running Out of Space

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On February 2nd around 4 a.m., the Internet will run out of its current version of IP addresses. At least that’s what one Internet Service Provider is predicting based on a rate of about one million addresses every four hours.
Hurricane Electric has launched Twitter and Facebook accounts that count down to what it has termed the “IPcalypse.”
Every device that is connected to the Internet gets a unique code called an IP address.The current system, IPv4, only supports about 4 billion individual IPv4 addresses.Fortunately, some smart folks foresaw this problem long before we did and invented IPv6, a system that invokes both letters and digits to handle 340,282,366,920,938,463,463,374,607,431,768,211,456 addresses .Hurricane Electric’s doomsday campaign encourages other Internet service providers to transition to that system. Fortunately, the Internet Society‘s Wiki assures us that IPv4 and IPv6 can coexist during the transition despite being largely incompatible. Software and hardware developers are working on transition mechanisms, and most operating systems install support for IPv6 by default.
Thanks to Mashable
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