IP Address
Consists of 4-octets separated by "." Example: 192.168.0.1
IP addresses can change from device to device but cannot be active simultaneously more than once within the same network.
Couple of versions of IP Address
IPv4
Example: 192.168.0.2
IPv6
Example: 2a00:22c4:a531:c500:425f:cce6:c36b:f64d
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