The founder of project is Chinese scientist Lio Yongxin, who gave to his offspring the title “NNS” in honor to the “NEO” protocol which is used in the development of new breakthrough system. The abbreviation means “NEO Name Service” and the title of the system really explains the concept of the Chinese project.
What is the main purpose of “NNS”?
The Chinese team of developers soon wants to present new program for naming addresses and contracts in different kinds of blockchain protocols. The leading scientist explains the aim as the great necessity in the simplification of address naming.
To Lio Yongxin’s mind the problem of all existing platforms is the type of address name which is highly unfriendly to humanity. People could not remind the title – it is annoying many users who lose the time for memorizing the long set of symbols.
That is why the Chinese developers at the end of previous year started to improve the naming system based on the “NEO” protocol. The final presentation of the project is expected in 2019 – the clients will have opportunity to create the good-reminding name of address with the end “.neo” for domain.
Does the project have the long-term perspectives?
New Chinese system is based on “NEO” (the innovative platform made by the members of Yongxing present team) that makes naming project rather perspective one. The popularity of the blockchain designs is growing all the time. That is why “NNS” as a way of modernization platforms’ addresses and smart contracts’ phrases would have great outlooks in few years. Who would refuse from new abilities that improve th concept of ecosystem and make the transactions more comfortable. All utilizers will have opportunity with new naming system to:
- Transfer in the protocol;
- Use any operations inside the blockchain;
- Change some personal information in the ecosystem;
- Provide other available actions which are in the certain platform that clients use.
People will have no need to remember address and the long hash they cannot even understand anymore. It is the big advantage of “NNS”. But experts think that the project is not advertised enough. The introduction of the innovative scheme is in a half of the year but there is no efficient promotion from Chinese “NNS” team.
Moreover, the modern programmer frame is a real innovation that could simplify the blockchain usage and increase the quantity ecosystems clients in many times because of improved service and faster contractions. This new scheme will be available next year – waiting for the “naming sensation”.
