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 http://127.0.0.1:8989/  is working both in Firefox and Chrome with Holesail only.   What value is Hyper Proxy adding I wonder? 
 The value of hyper proxy would be in letting it be placed behind a normal domain, as I understand it.

You could have a swarm of people (or multiple of your own computers) hosting a file or a webpage or something, and people could visit it at cadayton.com/page, instead of using or installing Holesail and some confusing key.

Unless I’m missing something, that’s what I think the main use would be of this.