Name services make long crypto addresses more human-readable. This reduces human errors and makes it harder for scammers to trick users with similar-looking addresses.
You can send ETH or tokens to sway.eth instead of copy pasting long wallet addresses. ENS has been around since 2017 and introduced the concept for crypto wallets, content hashes, metadata, and smart contracts.
ENS names are programmable and stored on the Ethereum blockchain as ERC-721 NFT tokens (with future support for ERC-1155 standard). The magic happens in the resolver system:
Registry = the "phone-book index" Stores each name-hash:
→ who owns it
→ which resolver contract to ask
Resolver = the "contact card" A pluggable smart contract that holds the actual records:
→ address, content hash, etc.
It answers "what does sway.eth point to?"
On Fuel there are 2 major naming services:
1. Bako ID
2. Fuel Name Service
However, with Sway we take a slightly different approach...
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