Yes, that's correct. The Sui Name https://sns.domains/ 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 regi...