What considerations are there for Choosing Locally Administered Address Versus Universally Administered Address?

“Universally administered addresses are managed by the IEEE and are guaranteed to be unique worldwide.  For those adapters which support universally administered addresses, the adapter’s address is in read-only memory on the adapter and cannot be changed.  This means that if an adapter fails, its replacement will have a different universally administered address, which may impact network management schemes, universally administered addresses do not support any structured assignment which allows identification of the location of a Token-Ring station from its address.”

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