From starting nearby servers to debugging programs or virtual equipment management, this IP-port mix can significantly aid workflow advancements if utilized appropriately. Localhost 127.0.0.1:49342 represents a loopback address used in many development environments . The 127.0.0.1 with port 49342 enables developers to run applications locally without external network access. While https://www.techypic.com/127-0-0-149342/