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SUI NAME SERVICE https://sns.domains/ Yes, that’s correct. The Sui Name Service (SNS) is a decentralized naming system that allows users to register and resolve human-readable names to complex Ethereum addresses. It is built on top of the Ethereum blockchain, which is a decentralized, distributed ledger technology that enables secure and transparent record-keeping of transactions. The SNS uses a smart contract on the Ethereum blockchain to enable the registration and resolution of names. When a user registers a name on the SNS, they are creating a mapping from a human-readable name to an Ethereum address. This mapping is stored on the blockchain, which allows for a decentralized and secure way to look up the Ethereum address associated with a given name. One of the main benefits of the SNS is that it provides a user-friendly way to interact with Ethereum addresses. Rather than having to remember or copy-paste long, complex Ethereum addresses, users can simply use a human-readable name to send transactions or interact with smart contracts on the Ethereum blockchain. This can make it easier for users to interact with decentralized applications (dApps) and other Ethereum-based services. More from G l m narayana

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