Installed boot2docker on OSX, as per instructions of http://boot2docker.io/. After that started the application. In a terminal, boot2docker shellinit command started and ended up in throwing this error "Error requesting socket: exit status 255". Tried boot2docker stop--->delete--->download--->init--->up . It didn't help. The version I used is v1.3.1. Any ideas why it might have failed? Thanks!
Finally this solution worked for me. It seems like, it is mandatory to have the localhost assigned to 127.0.0.1 in our hosts file(location is /etc/hosts). The following line should be there in /etc/hosts
127.0.0.1 localhost
And do the following. At the end, assign variables as the console shows.
boot2docker init
boot2docker download
boot2docker up