Websites are hosted on a server and each of these servers has its own unique IP address. What does the 'IP' stand for?
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IP stands for internet protocol
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According to Wikipedia, 'An Internet Protocol address (IP address) is a numerical label assigned to each device connected to a computer network that uses the Internet Protocol for communication. An IP address serves two principal functions: host or network interface identification and location addressing.'
Thus, 'IP' stands for Internet Protocol in the context of the given sentence.
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