An IP address is usually assigned to every web server. A shared IP means that a server with an IP address holds multiple domain names. Such a domain is available just by its URL address as there is no dedicated IP address connected with it. But, if a domain name has a dedicated IP address allocated for it, It can be access by both its URL address and its IP address. Typically dedicated IP's are utilized for large web sites or secure e-commerce web sites. This will allow to include a private SSL certificate instead of a shared one, benefit to set up one's own domain name server and anonymous FTP access in some cases.
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