The Internet Protocol (IP) is the principal in the for relaying datagrams across network boundaries. Its routing function enables internetworking, and essentially establishes the Internet.
IP has the task of delivering packets from the source host to the destination host solely based on the IP addresses in the packet headers. For this purpose, IP defines packet structures that encapsulate the data to be delivered. It also defines addressing methods that are used to label the datagram with source and destination information.
Historically, IP was the connectionless datagram service in the original Transmission Control Program introduced by Vint Cerf and Bob Kahn in 1974; the other being the connection-oriented (TCP). The Internet protocol suite is therefore often referred to as TCP/IP.
The first major version of IP, Internet Protocol Version 4 (IPv4), is the dominant protocol of the Internet. Its successor is Internet Protocol Version 6 (IPv6).
The Internet Protocol is responsible for addressing hosts and for routing datagrams (packets) from a source host to a destination host across one or more IP networks. For this purpose, the Internet Protocol defines the format of packets and provides an addressing system that has two functions: Identifying hosts and providing a logical location service.
Each datagram has two components: a header and a payload. The IP header is tagged with the source IP address, the destination IP address, and other meta-data needed to route and deliver the datagram. The payload is the data that is transported. This method of nesting the data payload in a packet with a header is called encapsulation.