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AWS IPv4 Estate Now Worth $4.5B

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Re: AWS IPv4 Estate Now Worth $4.5B

#31
fwiw, ATT charges me $15 for ~8 fixed ipv4 addresses on my gigabit plan. Even if we amortize against the total monthly bill of $113, we get ~$15 per IP.

EDIT: I guess this is the cost to _rent_ an IP per month and not the cost of _owning_ an IPv4 address.

Re: AWS IPv4 Estate Now Worth $4.5B

#32
post #20

Can someone please ELI5?

Anyone who wants to put a computer on the internet needs a phone number. There are now more computers than phone numbers, especially old ones without an area code or country code. As a result, those numbers are bought and sold, and amazon now owns 4.5 billion dollars worth of them.

Re: AWS IPv4 Estate Now Worth $4.5B

#33
post #14

Earlier quoted context omitted.

I don't run IPv6 on my home network. I try it about once a year, enabling it at the router (it's already enabled on my laptop). And then random stuff just doesn't work. Various websites hang, various widgets just don't load, etc. Then I turn it off and everything gets better again. I'be been too lazy to diagnose why exactly it doesn't work, I just figure it's easier to run with it off. At some point a website I reall…

Debian would just not run due to apt repositories being borked if ipv6 was turned on.

Which exact repo was that?

Re: AWS IPv4 Estate Now Worth $4.5B

#34
post #17

Some noob questions here. How does one buy a block of IPv4 as an individual? (If that's allowed) After you purchase it, how does it come into your possession? How do you utilize them?

1. You most likely can't. You typically need to prove to a numbering authority that you need that many IPs (minimum /24) for X reason and you will be multihomed (connected to two+ ISPs) by Y date. 2. You are assigned a BGP Autonomous System Number (ASN) as part of the process. The IPs are assigned to your ASN. 3. You sign a peering contract with ISPs and peer with them using BGP on your router. You use your ASN to an…

There is still some anxiety about the size of the global routing table. Handing out IPv6 prefixes for free would make the growth much harder to control. (Not that there is much control beyond RIR membership fees.)

Also, there is no organization that can require anything of an ISP’s addressing plan. The IETF and the RIRs are associations, not governing bodies.

Re: AWS IPv4 Estate Now Worth $4.5B

#35
post #17

Some noob questions here. How does one buy a block of IPv4 as an individual? (If that's allowed) After you purchase it, how does it come into your possession? How do you utilize them?

1. You most likely can't. You typically need to prove to a numbering authority that you need that many IPs (minimum /24) for X reason and you will be multihomed (connected to two+ ISPs) by Y date. 2. You are assigned a BGP Autonomous System Number (ASN) as part of the process. The IPs are assigned to your ASN. 3. You sign a peering contract with ISPs and peer with them using BGP on your router. You use your ASN to an…

Prefix delegation naturally follows physical hierarchy, keeping routing tables compact.

Mandating something like a static /56 (physical location locked) to be available at no extra cost if the customer asks for it, would work fine, though. I'd even accept requiring this only for contracts that allow more than one customer device to access the Internet simultaneously. Yes, a phone plan with two SIMs on one contract would already trigger this.

Re: AWS IPv4 Estate Now Worth $4.5B

#36
post #25
post #6

A subtle detail from the article is that address prices peaked in 2021 at $60 and has steadily decreased to $35. Where does it go from here? Is this a proxy for the tech correction?

Possibly. It might also have been a bit of a panic because RIPE ran out of IPv4 addresses around that time and it was unclear back then how liquid the transfer market would be.

RIPE ran out in 2012, just after APNIC in 2011.

RIPE had a policy to extremely rate limit allocations from their last /8, which is how they were able to continue allocating for an extra 7 years. The other RIRs had no such policy.

Re: AWS IPv4 Estate Now Worth $4.5B

#37
post #17

Some noob questions here. How does one buy a block of IPv4 as an individual? (If that's allowed) After you purchase it, how does it come into your possession? How do you utilize them?

1. You most likely can't. You typically need to prove to a numbering authority that you need that many IPs (minimum /24) for X reason and you will be multihomed (connected to two+ ISPs) by Y date. 2. You are assigned a BGP Autonomous System Number (ASN) as part of the process. The IPs are assigned to your ASN. 3. You sign a peering contract with ISPs and peer with them using BGP on your router. You use your ASN to an…

It's a little tricky - the more unique v6 allocations we have, the more complex routing gets, and the more resources it needs.

Having a ton of people/businesses with their own announced and unaggregatable /48s would add a lot of entries to routing tables.

Re: AWS IPv4 Estate Now Worth $4.5B

#38
post #17

Some noob questions here. How does one buy a block of IPv4 as an individual? (If that's allowed) After you purchase it, how does it come into your possession? How do you utilize them?

1. You most likely can't. You typically need to prove to a numbering authority that you need that many IPs (minimum /24) for X reason and you will be multihomed (connected to two+ ISPs) by Y date. 2. You are assigned a BGP Autonomous System Number (ASN) as part of the process. The IPs are assigned to your ASN. 3. You sign a peering contract with ISPs and peer with them using BGP on your router. You use your ASN to an…

>One of the tragedies of IPv6, IMO, is not having a better/streamlined process for end users to get allocations without all the red tape. There's tons of space, let's pretend it's the 90s and give away IP blocks to whoever asks. Either require ISPs to give static allocations or make it easier for getting a personal block. No, prefix delegation is not good enough.

This is by design. If we let arbitrary routings of /64 blocks pollute the global routing table shit is going to go sideways as the rest of the net scales up and up. We made that mistake with IPv4 and the only reason our routers haven't gone thermonuclear keeping up with the announced routes is we literally ran out of address space.

We're not going to get the IPv6 equivalent of IPv4 /24s announced ever again. While minimum prefix lengths aren't hard enforced (yet), unless you have the means/reason to be multihomed using /48s you're pretty much going to be under the hierarchical routing of your transport or last mile provider.

Re: AWS IPv4 Estate Now Worth $4.5B

#40
post #13
post #6

A subtle detail from the article is that address prices peaked in 2021 at $60 and has steadily decreased to $35. Where does it go from here? Is this a proxy for the tech correction?

Yah, it certainly seems like maybe that was peak pricing. This write up has some more data on historical pricing https://www.ipxo.com/blog/ipv4-price-history/ I've also heard folks pay quite a bit over the average price for novelty IP addresses, so perhaps that skewed the data? I'd love to be able to buy 2.2.2.0/23 or my favorite 42.42.42.0/24

Yeah, one example is Cloudflare and 1.1.1.1; though the story behind that is less about money and far more interesting. Apparently, APNIC had owned 1.1.1.1 for, basically, forever, but were never able to actually use it for anything because it caught so much garbage traffic. Cloudflare is one of only a handful of service providers that could announce the IP and handle the traffic; so in exchange for helping APNIC's research group sort through the trash traffic, Cloudflare hosts their DNS resolver there.

https://blog.cloudflare.com/announcing-1111/

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