Solana Name Service (SNS) is a decentralized naming system that operates on the Solana blockchain. It allows users to create simple, human-readable domain names intended to replace long, complex wallet addresses. This enhances usability and accessibility for users interacting with the Solana ecosystem.
The Solana Name Service functions by allowing users to register .sol domain names, which are then mapped to various on-chain data such as Solana addresses, IPFS content identifiers, images, and text. SNS operates on the Solana blockchain, leveraging its high transaction speed and low cost. It utilises a consensus mechanism combining Proof of Stake (PoS) and Proof of History (PoH) to maintain its operations, with smart contracts implemented using the Rust programming language.
Solana Name Service has several practical applications:
Solana Name Service is an initiative that aligns with the broader development and deployment of the Solana blockchain, which was founded by Anatoly Yakovenko and Raj Gokal in 2018. Solana launched its mainnet in 2020, becoming known for its scalability and high-performance capabilities thanks to its innovative use of PoS and PoH. The SNS itself evolves on these principles, seeking to simplify interactions within the Solana ecosystem by providing accessible and user-friendly domain naming services.