Ipv4 addresses headed for a black market

The cost of going onto the world wide wibble is set to soar as the drying up numbers of Ipv4 addresses are creating a black market.

Previous predictions pegged late 2011 as the anticipated date of IPv4 address exhaustion.

However,  it is starting to look like the numbers of IPv4 addresses this year has grown like topsy.

American Registry for Internet Numbers (ARIN) CIO Richard Jimmerson said that nearly the same number of addresses that were allocated in 2009 were flogged in just a 100 days in 2010.

At the current rate, the IANA pool may have run out by the end of the year.

Most outfits are totally unprepared for the move from Ipv4 to Ipv6 even though people have been warning of the problem since two hours after the big bang.

It is starting to look like “businessmen” have been buying up Ipv4 space which they will flog for a huge profit when the shortage hits.

Internet pundet Kevin Oberman points out that this black market already exists, albeit on a small scale.

Oberman said that Pv4 addresses are still relatively easy to get, because significant anti-fraud measures haven’t yet been put in place by registries such as ARIN.

However, soon businesses are going to reach a point where getting Ipv4 addresses is crucial and they will be willing to pay for them.

Part of the problem is that it will take five years of running both IPv4 and Ipv6 alongside each other before the world is ready for the new standard.

By then the cost ramifications of IPv4 exhaustion will be widespread. More here