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Around 1993 Classless Inter-Domain Routing (CIDR) scheme was introduced.
CIDR allows re-division of class A, B and C networks.
CIDR allocates blocks of IP addresses to specific local area networks:
Internet service providers (larger blocks)
ISP customers and small businesses (smaller blocks)
Businesses and companies with presence on the internet, etc.
CIDR has hierarchical structure, overseen by the Internet Assigned Numbers Authority, IANA.
More:
see Wikipedia articles Internet Protocol and IPv4
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