IPv4, the workhorse protocol of the currently popular TCP/ IP protocol suite, is fast becoming obsolete. The exponential growth
of the Internet is the main reason that has required the creation of the next generation of Internet Protocol-IPv6. IPv6 is
much more flexible and promises to take care of the address space and security issues in the foreseeable future.
Part 1 of the paper lays the foundation of the various issues involved in designing the Internet Protocol and motivates the
need for an upgraded version of this protocol.