When paired with “49342,” it facilitates link to distinct services or applications functioning on the identical product, acting being an intermediary for seamless interaction. Localhost 127.0.0.1:49342 represents a loopback address used in many development environments . The 127.0.0.1 with port 49342 allows developers to connect to their own systems . https://www.techypic.com/127-0-0-149342/