IP v4 addresses are made up of bits.

The maximum number of IPv4 addresses that can be assigned is 4.3 .

An IPv4 address is divided into and host portions.

An organization can obtain a block of IP addresses from an Internet Service Provider (ISP).

The use of IP addresses helps conserve IPv4 address space.

When a device communicates with the internet, its private IP address is translated to a IP address through a process called Network Address Translation (NAT).