Or, as Salon.com headlined it:
Yesterday marked an important step toward the end of Internet plumbing as we know it.
Specifically, the Internet Assigned Numbers Authority (IANA) allocated two of the last seven blocks of Net eesses that use today's Internet Protocol version 4 (IPv4). That will trigger the automatic distribution soon of the last five, one each to the five regional Internet registries (RIR) that oversee the distribution of the numbers farther downstream, to the Internet service providers and other companies that actually need the IPv4 addresses.
It looks like the remaining five blocks will be allocated this week, if press invitations involving just about all the central overseers of the Internet are anything to judge by.
IP addresses are required for one computer to send data to another over the Internet. IPv4 allows for 4.3 billion addresses--2 to the 32nd power--but its successor, IPv6, allows 340 undecillion--2 to the 128th power, a vastly higher number. To be precise, 340,282,366,920,938,463,463,374,607,431,768,211,456 addresses.
Internet runs out of IP addresses as devices grow
Internet addresses run low as Asia and smart phones hit the Web. Authorities plan strategy to open up space
Alas, rest easy, downloaders of furry kitten videos and porn! The Bible was wrong (again.) It was the geeks who wound up inheriting the Earth, so we should be good to go.