Pretty much! Sometimes it doesn't catch on though and people kind of form their own names. Most are made up from the genetics or from previous names such as "Bee" being used for anything that has Pastel x Spider in it.
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Some are named for what they looking like. Pastel, pinstripe, banana etc
Other get totally random names. Josie, Angel of Death (I kid you not) and Arroyo
1.0.0 normal royal 1.0.0 mojave royal 1.0.0 pastel enchi royal 0.1.0 cinnamon royal 0.1.0 pewter royal 0.1.0 genetic stripe royal 0.1.0 lesser goblin royal 0.1.0 phantom royal 0.1.0 Columbian rainbow boa 0.0.1 aru x jaya GTP 0.1.0 bredli 1.0.0 trans pecos rat snake 1.0.0 fat black cat