IPv4 or Internet Protocol version 4 is the fourth version of the Internet Protocol that is used to identify and communicate with devices on the Internet. IPv4 uses a 32-bit address space, which means that each IPv4 address consists of 32 binary digits or bits. These bits can be expressed in different notations, such as decimal, hexadecimal, or binary. The most common notation is the dot-decimal notation, which divides the 32 bits into four groups of eight bits, called octets, and separates them by periods. For example, the IPv4 address 172.16.254.1 is equivalent to the binary address 10101100.00010000.11111110.00000001. The 32-bit address space of IPv4 allows for 2^32or 4,294,967,296 possible addresses, but some of them are reserved for special purposes, such as private networks or multicast addresses12345 References: https://en.wikipedia.org/wiki/Internet_Protocol_version_4
https://www.geeksforgeeks.org/what-is-ipv4/
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