Sui Name Service (NS): Your On-Chain Identity Made Simple

Some people have no trouble remembering new cell phone numbers, and there are even a select few among us who wouldn't find it hard to memorize a 16-digit bank card number. However, very few people would choose to tackle the job of reliably recalling an alphanumeric blockchain address. Network addresses on Ethereum (ETH) are 42 characters long, while on the Sui (SUI) blockchain they span 66. These complex and length addresses are virtually impossible for most users to remember, and are among the least user-friendly features of web3 networks. Not only are long blockchain addresses distinctly user-unfriendly, but they also lead to many instances of wrongly executed transactions due to incorrectly input characters. 

Sui Name Service (NS), a solution on the Sui blockchain, has been specifically designed to tackle this problem. The service allows users to create human-readable and easy-to-remember web3 names linked to their underlying blockchain addresses. Using SuiNS, you can transact within web3 using your preferred username and, optionally, an avatar, rather than a long, complex blockchain address.

Key Takeaways:

• SuiNS (NS) is a decentralized naming service that lets you register short, user-friendly web3 names that provide you with an option, instead of using the extremely long, complex blockchain address strings.

• The platform's native token, NS, is used for on-chain governance and may soon be used to buy and trade SuiNS names.

• The NS token can be traded on Bybit as a Spot pair (NS/USDT).