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Cryptographic algorithms usually produce random-looking keys, but IP addresses have to have structure, to allow the routing to work. |
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(The reason for widening IP addresses to 128 bits is not because anyone seriously thinks that we might one day have 2^128 computers on the network. Instead it's to provide more opportunities for subnetting, route aggregation, etc.) |
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However there may be an application here related to identity-based encryption; a 128 bit IPv6 address is certainly large enough to use as a public key in an IBE scheme. |
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