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 Where do they sell these names? And how is it scarce enough to use that much money in TX fees? 
 They dont sell them.  It's bitcoin native names.  Anyone can make one.  If you use one of their wallets they might charge you a slightly higher fee.  But just make your own tx.  And you own that name forever, according to the spec.  We've been missing names on bitcon for ages.  They actually stumbled upon some innovation.  You format the OP_RETURN according to the spec, and you get to own the character string if you are first.  This is useful for a lot of things, including with nostr. 
 I don't get it tbh. What is this spec called so I can try to understand it? 
 This is just another form of nfts / inscriptions / scams. It’s a collectible. Oh, but “it’s on the blockchain!” It’s irrelevant. The only thing that makes a utxo worth anything is the underlying btc that can be spent. Any thing attached to it is just noise filling up block space. 
 I forked the spec and took all the best names so I can sell them too.