Does this mean I need an nip05? I don’t have one yet. I still don’t understand what it does.
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No need for nip05, just a display name if you want to identify yourself
It's just a way to find the user when searching since there can be many same usernames (they are not unique but NIP05 are).
You can get a free NIP05 from Iris: 
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GitHub - irislib/faq
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