The short explanation
You configure three things: the address, the subnet mask (which says how large the local network is, usually 255.255.255.0) and the gateway (usually your router). From then on the device uses that address every time it starts.
Where you run into it
Anything a control system addresses by number needs a stable address. A static IP guarantees that. So does a DHCP reservation on the router, which many people find easier to manage because all the addresses stay in one place.
The trap is picking an address inside the router's DHCP pool, so that the router later hands the same one to something else. Choose an address outside the pool, or reserve it.
And if you get it wrong, the device disappears from the network entirely — which is why knowing the recovery route before you start is worth thirty seconds.
How the DR HDMI 8K handles it
On the DR HDMI 8K, DHCP has to be switched off before static values take effect, and changes apply after a reboot or power cycle. If a wrong address makes the unit unreachable, you can switch DHCP back on or factory reset from the OLED menu on the unit itself — no network access required.
Want to test your own HDMI chain?
The DR HDMI 8K is sold through the HDFury.eu web shop.