New York City activist Jimmy McMillan leads the The Rent's Too Damn High Party. What would he make of renting an IPv4 address for $4?
As the IPv4 shortage crises becomes more critical, the inevitable has occured: the traders have arrived. In economics, prices reflect relative scarcity. When the abundant becomes scarce, we should expect the creation of an after market, and the presence of arbitrage. As a concert’s seats become sold out, there come the scalpers. Now as IPv4 becomes a prized commodity, we have tradeivp4.com, the IPv4 Address Block Exchange.
This afternoon you can rent an IPv4 address for one year for $4.
According to tradeivp4.com, “Offers and bids can be submitted and withdrawn at any point, until they are matched. If there is a match, buyer and seller are given 14 business days to confirm the deal. After that time, contract details are exchanged. tradeipv4.com deducts 1% of the purchase price as commission. The commission is billed 14 days after deal confirmation. For leases, the minimum contract life time is one year; the negotiated rent is good for one year. After that time, the partners are free to extend the lease, or adjust the contract on mutual agreement; no new courtage will be required. On each trading day, the exchange rate is set to arrange for the maximum trading volume. Address blocks can be split into at most four subblocks to create a deal, within the limits of of the minimum block sizes according to the regional transfer policies.”
IPv4 offers 4,294,967,296 potentially unique addresses.
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