DNS stands for Domain Name System. It is a decentralized system that translates domain names (such as www.example.com) into IP addresses (such as 192.0.2.1) that computers can understand. DNS plays a crucial role in connecting users to websites by resolving domain names to their corresponding IP addresses, allowing browsers to locate and retrieve the requested web pages. It acts as a phonebook of the internet, enabling efficient and reliable communication between devices across the network.