Partially wrong. NIP-5 as used by 99.9% of people doesn't "verify" anything. It is just an handy way to share/search contacts. Only people that own a well known domain can leverage it as attestation of their connection with it.

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We should stop pairing NIP-5 with the word "verification". For newcomers it risks being a shitcoin game.

Use NIP-5 for its real functions and embrace WoT for actual contacts check.

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It's also useful for proving affiliation with a project or community.

And it makes for nicer URLs.