CNET News.com: Standards body approves HTTP 1.1

“A new version of a key Web protocol cleared a hurdle this week
as an international standards group made HTTP 1.1 a draft

“The new version will speed the performance of the Web,
according to its authors at the World Wide Web Consortium (W3C),
which worked on the protocol, and the Internet Engineering Task
Force (IETF), which granted it draft standard status. Those
standards bodies said hypertext transfer protocol (HTTP) 1.1 will
cache content more flexibly and streamline the transfer of
information packets.

“Version 1.1 also allows for the secure transfer of passwords
and economizes the use of Internet protocol (IP) addresses.”