Hi Michael, yeah its just a (low) barrier to prevent someone from spinning up a thousand wallets and squatting all the good custom names.
It's a "proof of work" in a way.
Wallet of Satoshi
npub1hc…4h9rq
2025-10-28 00:06:16 UTC
in reply to nevent1q…3saa
Author Public Key
npub1hcwcj72tlyk7thtyc8nq763vwrq5p2avnyeyrrlwxrzuvdl7j3usj4h9rqPublished at
2025-10-28 00:06:16 UTCEvent JSON
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