By Daniel Negari on CircleID
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One thing that nearly every person we talked to agreed on is that this is an exciting time and incredible opportunity for the DNS. When domains were introduced over 30 years ago, it was with the purpose of adding memorability and utility to IPv4 addresses. Today, all 4.3 billion IPv4 addresses are unavailable. In fact, demand is still so high that 1,024 of these once-free addresses just sold for $13,824 USD in an auction ($13.50 each) last week. That puts the market cap of IPv4 addresses at over $57 billion ($13.50 x 4,294,967,296).
The solution to the exhaustion of IPv4 was IPv6. There are essentially an unlimited number of IPv6 combinations available - approximately 3.4 x 1038 alphanumerics in total. But with the emergence of IoT, it's now more important than ever for people and devices to seamlessly connect. Because if no one wanted to remember 192.169.0.1, who would want to remember 2a03:2880:f10d:83:face:b00c::25de (one of the better vanity addresses owned by Facebook)? One of the obvious plays here is to apply to ARIN or a local network authority and get IPv6 addresses for free, then route 1.111B domains to them. An affordable automated service like this could easily replace IPv4 addresses in both memorability and utility.
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One thing that nearly every person we talked to agreed on is that this is an exciting time and incredible opportunity for the DNS. When domains were introduced over 30 years ago, it was with the purpose of adding memorability and utility to IPv4 addresses. Today, all 4.3 billion IPv4 addresses are unavailable. In fact, demand is still so high that 1,024 of these once-free addresses just sold for $13,824 USD in an auction ($13.50 each) last week. That puts the market cap of IPv4 addresses at over $57 billion ($13.50 x 4,294,967,296).
The solution to the exhaustion of IPv4 was IPv6. There are essentially an unlimited number of IPv6 combinations available - approximately 3.4 x 1038 alphanumerics in total. But with the emergence of IoT, it's now more important than ever for people and devices to seamlessly connect. Because if no one wanted to remember 192.169.0.1, who would want to remember 2a03:2880:f10d:83:face:b00c::25de (one of the better vanity addresses owned by Facebook)? One of the obvious plays here is to apply to ARIN or a local network authority and get IPv6 addresses for free, then route 1.111B domains to them. An affordable automated service like this could easily replace IPv4 addresses in both memorability and utility.
Read more
