DNS-servers translate names, such as 'www.fixya.com' to IP-addresses, because routing of IP-packets on the Internet is done using the IP-addresses, not by using the names of each computer.
If you have a router between your computers and your cable-modem (or DSL-modem), then the router can automatically supply the "Primary DNS Server" and "Secondary DNS Server" and "IP Address" to your server computer, if you configure the network-adapter on the server to "automatically obtain an IP Address".
As long as you leave your server running, the "dynamic" IP-address that it obtains will, in effect, become a "static" (namely "non-changing") IP-address.
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