1. IP Next Generation: a new version of IP which is designed to be an evolutionary step from IPv4. It is a natural increment to IPv4. IPng is a new version of IP which is designed to be an evolutionary step from IPv4. It is a natural increment to IPv4. It can be installed as a normal software upgrade in internet devices and is interoperable with the current IPv4. Its deployment strategy was designed to not have any "flag" days. IPng is designed to run well on high performance networks (e.g., ATM) and at the same time is still efficient for low bandwidth networks (e.g., wireless). In addition, it provides a platform for new internet functionality that will be required in the near future. From Linux Guide @FirstLinux