What’s the goal of this? What is the use case?

Also, does the person sending events have to select a new npub every now and then, or will events be fired out randomly using different npubs?

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Randomly. So every post looks anonymous until you get the person's xpub. It's similar to using a new Bitcoin address for every transaction.

That’s interesting. How would you protect your xpub?

It would be the type of thing you give to the people you trust, likely rotating it here and there.

Definitely cool.