I'm not sure if this is very feasible. if there's multiple servers and i'm on server 1, it could be called the "Falin Retrograde manuver", but on server 2 it could be called the "Kaufman Retrograde manuever" bothb the same thing, but totally different names, thus confusing anyone who switched servers.
maybe a better choice could be to have people submit their "proposed" alterations to the devs, let them mull over the proposed changes and thenadd them t all servers on maintence downtime.
But this would have to be very limited, else they'd be flooded with "do this for me, ect". maybe it could be automatic, like the first time a Player, any player on ny server visits planet "X", that planet will later be called "Falin's Planet" or if a great battle took place there "Falin's Hold", or if a first contact took place, maybe a space beacon that says "on strdate XXXX.XX, The great Diplomat Falin arrived here and successfully negoatiated with the inhabitants of this planet"
but with potentially millions beig able to play the game, everyone will want something named after them, so ths whole idea may be more of a pain than anything else, probably best to just let the Dev's decide if a particular thing deserves a players name, maybe even covertly.