A local server is a server that is running in a local or a mounted folder and whose document root is NOT the parent of the project root. To configure access to the server in this set-up, you need to specify the following: The server configuration root folder and the URL address to access it.

What is meant by localhost?

     In computer networking, localhost is a hostname that means this computer. It is used to access the network services that are running on the host via its loopback network interface. ... The name localhost is also a reserved top-level domain name, set aside to avoid confusion with the definition as a hostname.

How do I know my localhost?

1. Click on the Start menu and type cmd. When you see the cmd applications in Start menu panel, click it or just press enter.
2. A command line window will open. Type ipconfig and press enter.
3. You'll see a bunch of information, but the line you want to look for is "IPv4 Address."