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The output of your command "$ less /etc/hosts" is:

127.0.0.1 localhost
127.0.1.1 algorithm

192.168.254.29 www.mywebuniversity.com mywebuniversity.com algorithm
# The following lines are desirable for IPv6 capable hosts
::1     ip6-localhost ip6-loopback
fe00::0 ip6-localnet
ff00::0 ip6-mcastprefix
ff02::1 ip6-allnodes
ff02::2 ip6-allrouters