Did I say there was a problem? I just said novel. As in: From Old French novel ‎(“new, fresh, recent, recently made or done, strange, rare”) (modern nouvel), from Latin novellus ‎(“new, fresh, young, modern”), diminutive of novus ‎(“new”).

More towards the meaning of strange, rare rather than young, modern. Google automatically corrects "I.P. address" to "IP address", so I can't easily say how much more widespread the second spelling is. But I bet is a lot more.