Discussion on the Implementation of Public Labeling Database in Blockchain

[in63119]

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.