
IPv6 was developed by the Internet Engineering Task Force (IETF) to deal with the long-anticipated IPv4 address exhaustion, and is described in Internet standard document RFC 2460, published in December 1998.Like IPv4, IPv6 is an Internet Layer protocol for packet-switched internetworking and provides end-to-end datagram transmission across multiple IP networks. While IPv4 allows 32 bits for an Internet Protocol address, and can therefore support 232 (4,294,967,296) addresses, IPv6 uses 128-bit addresses, so the new address space supports 2128 (approximately 340 undecillion or 3.4×1038) addresses. This expansion allows for many more devices and users on the internet as well as extra flexibility in allocating addresses and efficiency for routing traffic. It also eliminates the primary need for network address translation (NAT), which gained widespread deployment as an effort to alleviate IPv4 address exhaustion.
IPv6 implements additional features not present in IPv4. It simplifies aspects of address assignment (stateless address autoconfiguration), network renumbering and router announcements when changing Internet connectivity providers. The IPv6 subnet size has been standardized by fixing the size of the host identifier portion of an address to 64 bits to facilitate an automatic mechanism for forming the host identifier from link layer media addressing information (MAC address). Network security is also integrated into the design of the IPv6 architecture, and the IPv6 specification mandates support for IPsec as a fundamental interoperability requirement.

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