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Discussion on the Implementation of Public Labeling Database in Blockchain #153
Description
This issue is opened for discussions on the implementation of the Public Labeling Database, aiming to replace complex 40-character hexadecimal addresses with more user-friendly labels in blockchain interfaces.
Key Points:
- Integration of the database as an on-chain contract, enabling seamless access without extra APIs.
- Addresses limitations of current contract label querying methods and improves accessibility.
- Uses on-chain data for labeling, allowing open community contributions.
This issue number will be used as a KIP number.