Everyone and everything has a name to specify and identify things, so as the content in the web all names registered under the domain name system becomes a domain name that represents a particular category of content in the web. Domain name system is nothing but a hierarchical naming system for any resource in the internet.

Else numerical internet protocol addresses were used to represent services and systems in the web no one is so good in remembering all the numbers hence why myip.com recommends a mapping of internet protocol addresses to a keyword kind domain name. Convergence applications bear some of the direct and indirect responsibility for the massive increase in demand for Internet addresses. The situation is getting critical, and one of the doyens of the Internet – Vint Cert – is worried. Currently, the Internet uses an addressing scheme called Internet Protocol version 4 (IPv4). For years, experts have been treating address exhaustion like the IT version of global warming. (“Things seem fine now. But once the crisis hits, you’ll all be sorry that you didn’t listen.”) Adoption of the next addressing scheme, IPv6, has been slow. If you are lucky enough to find somewhere to buy IPv4, thats only half the battle. The  process of transferring purchased IPv4 can be very difficult and time consuming. Our support staff makes the process of transferring IPv4 very simple and seamless.  We assist you every step of the process with the respective RIR to ensure the IPv4 address block is transferred to your Org-ID. Whether you are located in ARIN, RIPE or APNIC, we have the knowledge and expertise to ensure the transfer of the IPv4 happens with ease. For more about IPv4 transfer process, you can find here. While all address transfers are unique, dependent upon a variety of factors such as regional internet registry (RIR) region (for example RIPE), company needs, etc., the overall process has a general framework, especially when IP address brokers are involved. In the beginning, brokers match buyers with prospective sellers based upon need and pricing via the brokers’ own proprietary databases.

Once a potential match is found, both parties are introduced and negotiations commence. Negotiations can often be the longest or shortest part of the entire process; usually terms regarding price and other contractual points tend to take the most time for mutual agreement. When transactions occur between large corporations, often multiple layers of approval are required between departments before deal points are agreed upon in the final contract. Brokers assist both parties’ navigation through these negotiation and administrative procedures.

By acting as middle men, IP brokers help create trust within a process that can be inherently tense, given that millions of dollars are being exchanged for essentially invisible numbers rather than liquid assets. Brokers often also act as escrow agents between parties; once a price is agreed upon the broker-as-agent will hold the funds while the paperwork is processed and transfer is completed by the RIR. This role helps create a sense of trust and provides insurance for both buyer and seller.

In terms of documentation, the IP transfer process normally involves three primary documents. First, there is the RIR’s Transfer Agreement itself. This document must be endorsed by both buyer and seller, stating for the registry which companies are involved in the transfer and which addresses are being transferred. Both parties can still draft their own contracts stipulating the financial and commercial terms of their agreement, though the official Transfer Agreement itself does not concern itself with those matters. It is a purely clerical document required for properly updating the RIR’s database.

Cerf, who is the outgoing chairman of the Internet Corporation for Assigned Names and Numbers (ICANN) and the chief technology evangelist for Google, says that the address cupboard will be bear by 2010 or 2011. He was somewhat reassuring, however: Exhaustion of the available supply doesn’t mean that the Internet will grind to a halt. It simply means that new addresses won’t be available.

The answer is IPv6, which will make available a trillion trillion trillion discreet addresses (IPv4 offers a paltry 4 billion). Ars Technica both shines light on a related issue and highlights how complex the overall field is. The story says that organizations controlling address distribution in North America and Europe, The American Registry for Internet Numbers (ARIN) and the Réseaux IP Européens (RIPE), respectively, have come out in favor of a move to IPv6.

That’s the easy part. The complexity of the addressing sector is illustrated by the fate of the class E space addresses in IPv4. The story says that this block of licenses – which start with the numbers 240 to 255 – were reserved for future use. Combining these with the still available standard IPv4 addresses, the story says, could buy the older standard an extra year.

The domain is also subdivided into sub domains just like categories are sub divided into sub categories. This first level of domain is called the Top Level Domain or TLDs. They are installed in the root of the name space, in a fully qualified domain name the last part is the TLD like .com, .edu and .net for instance. Also .edu is a generic top level domain to be precise. Country code top level domain is also being used shortly called the ccTLD. A domain name is the brand you own the name you call for the personal space you own in the web to project your information, be it a blog or company a good domain name always makes the first cut.

Always make it memorable so that when you say it or when people visit it you make sure they don’t forget the name and come back it is one of the key aspect for choosing a good name just to make people come back and look back.

Find more facts about a domain name from the following infographic published by domain.com.

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