Understanding the IPv4 waiting list

IPv4, the fourth version of the Internet Protocol, has a cap of approximately 4.3 billion unique addresses. As the internet grew exponentially, the available pool of IPv4 addresses began to deplete rapidly. To manage this scarcity, some Regional Internet Registries (RIRs) introduced the concept of an "IPv4 waitlist." This article delves into what this ip waitlist is and why it.