Abstract
For nearly 10 years now, the Internet Architecture Board (IAB) and Internet Engineering Task Force (IETF) have been telling us that the pool of available IP addresses will soon be exhausted, and that Internet growth will come to a grinding halt. They have heavily promoted their solution, IPv6, which the commercial world has all but ignored. It is now becoming clear that IP address exhaustion is years off, at best. The primary reason for this is network address translation (NAT), the rogue technology that allows almost unlimited address reuse. Despite NAT's nagging technical problems that limit IP connectivity and make peer-to-peer (P2P) applications difficult to deploy, the commercial world has universally embraced the technology even as the IAB and IETF actively discourage its use.

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