The "fake accounts" thing is solved by web of trust, no ?
Discussion
It is resolved by NIP5 : https://nips.nostr.com/5
Sure but it takes some effort to setup.
If we are talking about how 95% of people use it, then not at all.
Many beginner friendly Nostr clients now automatically assigns nip05 address for you. So it kinda failed as a 'verification' mechanism unless you have a well known domain that belongs to you and took the effort to set it up.
Oh, sorry, I misread your reply. Yeah.
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.
badges 😂, few know how to make badges