What is binomial nomenclature. Who proposed this nomenclature?

Explanation

### Step-by-Step Solution:

1. **Definition of Binomial Nomenclature**:
- Binomial nomenclature is a formal system of naming living organisms using two words. This system assigns each species a unique scientific name that consists of two parts.

2. **Components of the Name**:
- The first part of the name represents the genus, which is a group of related species.
- The second part of the name represents the species itself, which is a specific organism within that genus.
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