IP-ADDRESS
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Every machine on the Internet has a unique identifying number, called an IP Address. A typical IP address looks like this:
* 216.27.61.137
To make it easier for us humans to remember, IP addresses are normally expressed in decimal format as a "dotted decimal number" like the one above. But computers communicate in binary form. Look at the same IP address in binary:
* 11011000.00011011.00111101.10001001
The four numbers in an IP address are called octets, because they each have eight positions when viewed in binary form. If you add all the positions together, you get 32, which is why IP addresses are considered 32-bit numbers
HOST NAME
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A host name is an alias assigned to identify a TCP/IP host or its interfaces. Host names are used in all TCP/IP environments. The following describes the attributes of a host name:
The host name does not have to match the NetBIOS computer name, and a host name can contain as many as 255 characters.
Multiple host names can be assigned to the same host.
Host names are easier to remember than IP addresses.
A user can specify host name instead of an IP address when using Windows Sockets applications, such as the Ping tool or Internet Explorer.
A host name should correspond to an IP address mapping that is stored either in the local Hosts file or in a database on a DNS server. TCP/IP for Windows XP and Windows Server 2003 also use NetBIOS name resolution methods for host names.
The Hostname tool displays the computer name of your Windows–based computer, as configured from the Computer Name tab of the System item of Control Panel.