What are IP and MAC addresses?

Question

Accepted Answer

IP address is a unique numerical label assigned to each device connected to a computer network, while MAC address is a unique identifier assigned to network interfaces for communications at the data link layer.

IP address stands for Internet Protocol address and is used for identifying devices on a network.
MAC address stands for Media Access Control address and is a unique identifier assigned to network interfaces.
IP address is a logical address, while MAC address is a physical address.
Example: IP address - 192.168.1.1, MAC address - 00:1A:2B:3C:4D:5E