What is the difference between IPv4 and IPv6?

IPv4 is 32 bits IP address that we use commonly, it can be 192.168.8.1, 10.3.4.5 or other 32 bits IP addresses. IPv4 can support up to 232 addresses, however the 32 bits IPv4 addresses are finishing to be used in near future, so IPv6 is developed as a replacement.

IPv6 is 128 bits, can support up to 2128 addresses to fulfill future needs with better security and network related features. Here are some examples of IPv6 address:

1050:0:0:0:5:600:300c:326b
ff06::c3
0:0:0:0:0:0:192.1.56.10