"127.0.0.1:49342 localhost" refers to a local network address and port used for communication between software on the same device.
127.0.0.1 is the loopback IP address, representing the local machine.
Port 49342 designates a specific service or application running on the system.
It facilitates internal testing or data exchange without involving external networks.
https://www.techonent.com/2024..../07/ip-codes-127-0-0
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