Word
Localhost
Localhost is the address that means this computer: an app there is running on your own machine, and nobody else can reach it.
Also called: 127.0.0.1, running locally
Start your app while you are building and it appears at an address that exists only on your desk. Type it into your browser and there it is. Send the same address to somebody else and they see nothing, because on their machine it means their computer. This is the safe place to break things.
Two early trip hazards. The address ends in a port number, and "port already in use" almost always means your app is already running in another window. And nothing at localhost is live, so until you deploy it, no customer is looking at it and no webhook can reach it.