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The Dynamic Host Configuration Protocol (DHCP) is a network protocol used to automatically configure IP addresses for any devices that are connected to a network. It involves clients and a server operating in a client-server model. In a typical personal home local area network, the server is a router while the clients are personal computers, smartphones, or printers.
It is a great protocol that will automatically assign an available IP address to a computer within a LAN, thus, the network administrator does not have to do it manually.