The address format, known as IPv4, was standardized in 1977 as a
32-digit binary number, making a then-seemingly unlimited 4.3 billion
addresses (2^32) available.  They're all used up. In February, the
authority gave each registry one final block of 16 million addresses.
The regions are burning through them now, and one
region—Asia–Pacific—has already hit zero. Since 1999 the authority has
offered blocks of newer IPv6 addresses that are 128 digits long,
resulting in an unimaginable 340 undecillion possible addresses
(that's 340 followed by 36 zeroes).

undecillion...

Reference
http://www.scientificamerican.com/article.cfm?id=global-ipv6-day-internet-test

Chris...

-- 
"As we open our newspapers or watch our television screens, we seem to
be continually assaulted by the fruits of Mankind's stupidity."
 -Roger Penrose
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