The most basic ntp.conf file will simply list 2 servers, one that it wishes to synchronize with, and a pseudo IP address for itself (in this case 127.127.1.0). The pseudo IP is used in case of network problems or if the remote NTP server goes down.he most basic ntp.conf file will simply list 2 servers, one that it wishes to synchronize with, and a pseudo IP address for itself (in this case 127.127.1.0). The pseudo IP is used in case of network problems or if the remote NTP server goes down.