How is a static IP address different from a dynamic IP address?
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Dynamic IP address
Your ISP permits you to use a dynamic IP address on a temporary basis. A dynamic address may be assigned to another device if it is not already in use. IP addresses are assigned dynamically via DHCP or PPPoE.
Static IP address
Static IP addresses remain constant over time. If you have a web server, FTP server, or other internet resources requiring a set address that shouldn’t change, you can obtain a static IP address. An manually configured static IP address is required.